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MoviePlex is planning to raise a total of $ 5 , 0 0 0 , 0 0 0 with a bond issue. Each of the

MoviePlex is planning to raise a total of $5,000,000 with a bond issue. Each of the bonds has a face (par) value of $1,000 and coupon rate of 4%. The company's applicable tax rate is 21%.
A.) What is the annual coupon payment, per bond, that investors expect to recieve?
B.) What is the total after-tax annual interest expense to MoviePlex?

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