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Your company's summarized financial information for the beginning and projected end of the current year is as follows: Your company is considering issuing 30 bonds
Your company's summarized financial information for the beginning and projected end of the current year is as follows: Your company is considering issuing 30 bonds at the end of the year (December 31st). The bonds will pay 9% interest semi-annually for 10 years and the market rate for similar bonds is 9%. Calculate the following ratios with and without the bond issue. how much did the company pay in dividends this year (if any)? The company did not issue or repurchase any stock during the year
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