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Jiminy's Farm issued a 30-year, 6 per cent semiannual bond three years ago. The bond currently sells for 93 per cent of its face value.
Jiminy's Farm issued a 30-year, 6 per cent semiannual bond three years ago. The bond currently sells for 93 per cent of its face value. The company's tax rate is 30 per cent. a) What is the pretax cos...
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