Appropriate after-tax cost of debt

CFA Level I Corporate Finance
#1

[question removed by moderator]

How do you calculate yield to maturity on a comparable outstanding which is 7% using HP 12 C?

#2

You don’t need to compute the yield in this question. It states that both bonds are priced at par , which is a scenario when coupon=yield.

You should remember/understand this rule:

Coupon=Yield, bond trades at par

Coupon>Yield, bond trades at premium

Coupon

#3

Thanks for the response!