91 Case Study Series Vol. VII Issue-8 August, 2016 Fifty pe 34%, the after-tax interest ra of the $500 million purchase would be using callable bonds with a coupon interest rate of 5% at a par value of $1,000 per rcent d and a term of 30 years. The 250,000 issued bonds would pay interest semi-annually and, with Roman's corporate tax rate at te on the issue would be 3.3%. The would have a market price of 103 as a perce 91 Case Study Series Vol. VII Issue-8 August, 2016 Fifty pe 34%, the after-tax interest ra of the $500 million purchase would be using callable bonds with a coupon interest rate of 5% at a par value of $1,000 per rcent d and a term of 30 years. The 250,000 issued bonds would pay interest semi-annually and, with Roman's corporate tax rate at te on the issue would be 3.3%. The would have a market price of 103 as a perce