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wasala18 wasala18
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A month ago
Toronto Skaters has issued $100 million in bonds paying 6% interest per year. The firm has a tax rate of 45%. The firm's annual interest payments are ________ and the after-tax cost of the debt is ________ per year.

▸ $6 million; $2.7 million

▸ $6 million; $3.3 million

▸ $3.3 million; $2.7 million

▸ $6 million; $6 million
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Corporate Finance

Corporate Finance


Edition: 5th
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stanka82stanka82
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A month ago
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