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PLEASE HELP FULLY AND FAST WILL UPVOTE 13 Bond interest payments before and after taxes Charter Corp. has issued 2,603 debentures with a total principal
PLEASE HELP FULLY AND FAST WILL UPVOTE
Bond interest payments before and after taxes Charter Corp. has issued 2,603 debentures with a total principal value of 52,603,000. The bonds have a coupon interest rate of 9%. a. What dollar amount of interest per bond can an invostor expect to receive each year trom Charter? b. What is Charter's total interest expense per year associated with this bond issue? c. Assuming that Charter is in a 39% corporate tax beacket, what is the company/s net affer-tax inferest cost associated with bis bond issue? a. The dollar amount of interest per bond an investor can expect to recoive each year from Charter is $ (Round to the nearest dollar.) b. Charter's total interest expense per year associated wath this bond issue is 1 (Reand to the nearest dollat.) c. Assuming that Charter is in a 39% corporate tax beacket, the compary's net after-tax interest cost associated with this bond issue is 1 (Round to the nearest dollar.) 13
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