Chamaine4234 Chamaine4234

20-12-2022
Business

contestada

rappaport industries has 6,750 perpetual bonds outstanding with a face value of $2,000 each. the bonds have a coupon rate of 6.8 percent and a yield to maturity of 7.1 percent. the tax rate is 34 percent. what is the present value of the interest tax shield?

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