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Give me Correct answer of all 4 if given answer is wrong then I will give you downgrade. so only answer if you are 100%
Give me Correct answer of all 4 if given answer is wrong then I will give you downgrade. so only answer if you are 100% sure.
I need answers of box ABCDE because entered answers are wrong
The Wagner Corporation has a $29 million bond obligation outstanding. which it is considering refunding. Though the bonds were initially issued at 16 percent, the interest rates on similar issues have declined to 13.3 percent. The bonds were originally issued for 25 years and have 21 years remaining. The new issue would be for 21 years. There is a 8 percent call premium on the old issue. The underwriting cost on the new $29 million issue is $640.000, and the underwriting cost on the old issue was $490.000. The company is in a 40 percent tax bracket, and it will allow an overlap period of one month (M12 of the year). Treasury bilis currently yield 5 percent. (Do not round intermediote calculations. Enter the onswers in whole dollars, not in millions. Round the final onswers to nearest whole dollar.) o. Calculate the present value of total outflows. Total outflows b. Calculate the present value of total inflows. Totai inflows $ c. Calculate the net present value. Net present value $ d. Should the old issue be refunded with new debt? Yes: No Step by Step Solution
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