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Your company's summarized financial information for the beginning & 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 & 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 & 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 (if any)? The company did not issue or repurchase any stock during the year. 
Your company's summarized financial information for the beginning & 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 & 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 (if any)? The company did not issue or repurchase any stock during the year.
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