Business, 07.04.2020 22:25, liluv6650

Southern Foods has a $13 million bond issue outstanding with a coupon rate of 7.15 percent and a yield to maturity of 7.39 percent. What is the present value of the tax shield if the tax rate is 34 percent?

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Southern Foods has a $13 million bond issue outstanding with a coupon rate of 7.15 percent and a yie...