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Business, 17.12.2021 05:20 hannahgrace325

Lyme Home has 5,000 bonds outstanding with a face value of $1,000 each and a coupon rate of 7.65 percent. Interest is paid semiannually. What is the amount of the annual tax shield on debt if the tax rate is 23 percent

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Lyme Home has 5,000 bonds outstanding with a face value of $1,000 each and a coupon rate of 7.65 per...
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