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A company has a net income (NI) of $200, interest expenses (INT) of $50, and depreciation (DEP) of $50. The corporate tax rate (T) is
A company has a net income (NI) of $200, interest expenses (INT) of $50, and depreciation (DEP) of $50. The corporate tax rate (T) is 50%. What is the cash coverage ratio (CCR)? [HINT: CCR = (EBIT + DEP)
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The Investors Guidebook To Fixed Income Investments
Authors: Stuart R. Veale
1st Edition
0735205310, 978-0735205314
