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79. Georga's Restaurants has 4,500 bonds outstanding with a face value of $1,000 each and a coupon rate of 8.25 percent. The interest is paid
79. Georga's Restaurants has 4,500 bonds outstanding with a face value of $1,000 each and a coupon rate of 8.25 percent. The interest is paid semi-annually. What is the amount of the annual interest tax shield if the tax rate is 37 percent? A $137,362.50 B. $162,411.90 C. $187,750.00 D. $210,420.00 E. $233,887.50
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The Practice Of Statistics
Authors: Daren S. Starnes, Josh Tabor
6th Edition
978-1319113339
