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Business, 07.07.2021 01:20 ShilohTheBoy

Occitanie Investments has issued 10,000 bonds with a face value of $1,000 each 7 years ago. They currently sell for $892 on the over-the-counter market. The coupon rate is 9.65%. The tax rate is 28%. The interest is paid semiannually. What is the amount of the annual interest tax shield

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Occitanie Investments has issued 10,000 bonds with a face value of $1,000 each 7 years ago. They cur...
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