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Mathematics, 24.07.2019 17:30 MahiraBashir

Buchanan corp. is refunding $10 million worth of 10% debt. the new bonds will be issued for 8%. the corporation's tax rate is 35%. the call premium is 9% what is the net cost of the call premium after taxes?

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Buchanan corp. is refunding $10 million worth of 10% debt. the new bonds will be issued for 8%. the...
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