Bond interest payments before and after taxes Charter Corp. issued 2,175 debentures with a $1,000 par...
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Bond interest payments before and after taxes Charter Corp. issued 2,175 debentures with a $1,000 par value and 9% coupon rate. a. What dollar amount of interest per bond can an investor expect to receive each year from Charter? b. What is Charter's total interest expense per year associated with this bond issue? c. Assuming that Charter pays a 21% corporate tax, what is the company's net after-tax interest cost associated with this bond issue? a. The dollar amount of interest per bond an investor can expect to receive each year from Charter is $ the nearest dollar.) (Round to b. Charter's total interest expense per year associated with this bond issue is $ 1. (Round to the nearest dollar.) c. Assuming that Charter is in a 21% corporate tax bracket, the company's net after-tax interest cost associated with this bond issue is $ . (Round to the nearest dollar.) Bond interest payments before and after taxes Charter Corp. issued 2,175 debentures with a $1,000 par value and 9% coupon rate. a. What dollar amount of interest per bond can an investor expect to receive each year from Charter? b. What is Charter's total interest expense per year associated with this bond issue? c. Assuming that Charter pays a 21% corporate tax, what is the company's net after-tax interest cost associated with this bond issue? a. The dollar amount of interest per bond an investor can expect to receive each year from Charter is $ the nearest dollar.) (Round to b. Charter's total interest expense per year associated with this bond issue is $ 1. (Round to the nearest dollar.) c. Assuming that Charter is in a 21% corporate tax bracket, the company's net after-tax interest cost associated with this bond issue is $ . (Round to the nearest dollar.)
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