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Your company's summarized financial information for the beginning and protected end of the current year is as follows: Your company is considering issuing 20 bonds
Your company's summarized financial information for the beginning and protected end of the current year is as follows: Your company is considering issuing 20 bonds at the end of the year (December 31st). The bonds will pay 10% interest semi-annually for 30 years and the market rate for similar bonds is 7%. Calculate the following ratios with and without the bond issue. Review question, 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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