Question: Question (6) BB has 2,000 bonds outstanding with a face value of $1,000 each and a coupon rate of 9% The interest is paid semi-annually.

Question (6) BB has 2,000 bonds outstanding with a face value

Question (6) BB has 2,000 bonds outstanding with a face value of $1,000 each and a coupon rate of 9% The interest is paid semi-annually. What is the amount of the annual interest tax shield if the tax rate is 34%? A. $58,500 B. $60,100 C. $60,750 D. $61,200 E. $62,250

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