Top Posters
Since Sunday
T
3
s
3
o
3
G
3
k
3
C
3
a
3
K
3
f
3
j
3
b
3
c
3
Home Q & A Board Other Fields Homework Help Business Management
New Topic  
pompa pompa
wrote...
Go to Answer
Posts: 997
Rep: 0 0
7 years ago
Since the issuer of zero (or low) coupon bonds can annually deduct the current year's interest accrual without having to actually pay the interest until the bond matures (or is called), its cash flow each year is increased by the amount of the tax shield provided by the interest deduction.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
Read 81 times
1 Reply
Replies
Answer verified by a subject expert
donnabandonnaban
wrote...
#1
Top Poster
Posts: 949
Rep: 47 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

pompa Author
wrote...

7 years ago
Smart ... Thanks!
Shassta22
wrote...

Yesterday
Thanks
jmendoza
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  779 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 433
  
 167
  
 372
Your Opinion
How often do you eat-out per week?
Votes: 81
Previous poll results: Should Ph.D.'s be addressed as doctors?