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Nbspdetermine the annual after tax interest cost for each

The following 2013 information is available for three companies:

2003_264-B-A-L (2929).png

Required:

a. Determine the annual before tax interest cost for each company in dollars.

b. Determine the annual after tax interest cost for each company in dollars.

c. Determine the annual after tax interest cost for each company as a percentage of the face value of the bonds.

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Accounting Basics: Nbspdetermine the annual after tax interest cost for each

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