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READ: Please let me know if the answers/ solutions in the green column are in fact the correct answers; Please briefly explain why correct and
READ: Please let me know if the answers/ solutions in the green column are in fact the correct answers; Please briefly explain why correct and IF NOT Correct: Please work out the problem and explain how to do it Dame Co, has $9,000,000 in debt with interest rate of 7% and $10,000,000 in debt with a 5% interest rate. Dame Co. has a tax rate of 21%, what is the tax shield from debt per year for Dame Co.? A bond has a face value of $1,000, currently selling for $1,056, It has a coupon rate of 8% and the YTM is 7%. The bond pays semiannual coupons. How many years are left untilmaturity (2 decimal places is fine)
READ: Please let me know if the answers/ solutions in the green column are in fact the correct answers; Please briefly explain why correct and IF NOT Correct: Please work out the problem and explain how to do it
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