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IBM bought 1,000 GE bonds that pay 6% coupon (interest is paid annualy).After holding these bonds for one year, IBM desided to sell these bonds
IBM bought 1,000 GE bonds that pay 6% coupon (interest is paid annualy).After holding these bonds for one year, IBM desided to sell these bonds for no gain or loss. Calculate IBM's after tax income from these bonds. IBM's tax rate is 40%
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Small Business Management Launching and Growing New Ventures
Authors: Justin Longenecker, Leo Donlevy, Terri Champion, William Petty, Leslie Palich, Frank Hoy
6th Canadian edition
176532218, 978-0176532215
