Find firm-s financial breakeven assuming tax rate


A corporation has $6,000,000 of 10% bonds and $4,000,000 of 12% preferred stock outstanding. The firm's financial breakeven ( assuming a 40% tax rate) is

A $860,000
B $716,000
C $1,100,000
D $1,400,000

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Finance Basics: Find firm-s financial breakeven assuming tax rate
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