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Beckham Corporation has semiannual bonds outstanding with nine years to maturity that are currently priced at $894.08. If the bonds have a coupon rate of

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Beckham Corporation has semiannual bonds outstanding with nine years to maturity that are currently priced at $894.08. If the bonds have a coupon rate of 6 percent, then what is the after-tax cost of debt for Beckham if its marginal tax rate is 35 percent? Complete the calculation using the effective annual yield (EAY) for the bond. none of these 7.8% 5.07% 4.97% 7.65% You just purchased some equipment that is classified as 5-year property for MACRS. The equipment cost $200,000. What will the book value of this equipment be at the end of two years should you decide to resell the equipment at that point in time? $96,000 none of these $104,000 $51,400 $56,000

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