Business, 25.10.2019 02:43, katherinegvz
Suppose your company needs to raise $19 million and you want to issue 25-year bonds for this purpose. assume the required return on your bond issue will be 10 percent, and you're evaluating two issue alternatives: a 10 percent semiannual coupon bond and a zero coupon bond. your company's tax rate is 31 percent.
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Suppose your company needs to raise $19 million and you want to issue 25-year bonds for this purpose...
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