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The following information is available for three companies. Face value of bonds payable Interest rate Income tax rate Rope Company $ 288,000 5% 35% Chain

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The following information is available for three companies. Face value of bonds payable Interest rate Income tax rate Rope Company $ 288,000 5% 35% Chain Company $ 615,000 4% 20% Line Company $ 622,000 3% 25% Required a. Determine the annual before-tax interest cost for each company in dollars. b. Determine the annual after-tax interest cost for each company in dollars. c. Determine the annual after-tax interest cost for each company as a percentage of the face value of the bonds. Complete this question by entering your answers in the tabs below. Required A Required B Required C Determine the annual before-tax interest cost for each company in dollars. Before-Tax Interest Cost Rope Co. Chain Co. Line Co.

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