If a corporation issued 3000000 in bonds which pay 5 annual
If a corporation issued $3,000,000 in bonds which pay 5% annual interest, what is the annual net cash cost of this borrowing if the income tax rate is 30%?
a. $3,000,000
b. $45,000
c. $150,000
d. $105,000
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if a corporation issued 3000000 in bonds which pay 5 annual interest what is the annual net cash cost of this
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