Barnes and noble has debt outstanding of 3000 the debt pays


Barnes and Noble has debt outstanding of $3,000. The debt pays interest at a rate of 8% and has a yield to maturity of 5%. B&N’s tax rate is 25%. How much does B&N save in taxes this year because of its debt?

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Financial Management: Barnes and noble has debt outstanding of 3000 the debt pays
Reference No:- TGS01733701

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