A bond that has a $1,000 face value a contract or coupon interest rate of 11.3%. The bonds have a current market value of $1,130 and will mature in 10 years. The firms marginal tax rate is 34%.

A bond that has a $1,000 face value a contract or coupon interest rate of 11.8%. The bonds have a current market value of $1,121 and will mature in 10 years. The firms marginal tax rate is 34%.