Bond interest payments before and after taxes Charter Corp. has issued 2,798 debentures with a total principal value of $2,798,000. The bonds have a coupon interest rate of 7%.

a. What dollar amount of interest per bond can an investor expect to receive each year from Charter? (round to the nearest dollar)

b. What is Charter's total interest expense per year associated with this bond issue?(round to the nearest dollar)

c. Assuming that Charter is in a 34%

corporate tax bracket, what is the company's net after-tax interest cost associated with this bond issue? (round to the nearest dollar)