Finance Assignment | Professional Writing
Bond interest payments before and after taxes Charter Corp. has issued 2,168 debentures with a total principal value of $2,168,000. The bonds have a coupon interest rate of 7%. a. What dolar amount of interest per bond can an investor expect to receive each year from Charter? b. What is Charter’s total interest expense per year associated with this bond issue? C. Assuming that Charter is in a corporate tax bracket what is the company’s net after-tax interest cost associated with this bond issue?
a. The dollar amount of Interest per bond an investor can expect to receive each year from Charter is fund to the nearest dollar) D. Charter’s total interest expense per year associated with this bond issue is $ (Round to the nearest dolar) Test c. Assuming that Charter is in a 39% corporate tax bracket, the company’s net after-tax interest cost associated with this bond issue is (Round to the nearest dollar) Enter your answer in each of the answer boxes This course Terms of Use s Son 2020 Copy sed on 2020 Person Educatio Pinoles of nager Financeret n et
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