Buchanan corp. is refunding $10 million worth of 10% debt. the new bonds will be issued for 8%. The corporation's tax rate is 35
%. The call premium is 9% what is the net cost of the call premium after taxes?
1 answer:
The net cost of call premium can be calculated considering the total amount after taxes deductions times the percentage of the call premium.
Writing the percentage as a decimal number, we get:
10000000 × (1 - 0.35) × 0.09 = 585000
The <span>net cost of the call premium after taxes is 585000$.</span>
You might be interested in
Answer:
Not really sure try google maybe??
Step-by-step explanation:
Answer:
aaaa
Step-by-step explanation:
3x6x4
Answer:
the value of x is 2.
Step-by-step explanation:
5(3x - 4) = 2(2x + 1)
15x - 20 = 4x + 2
15x - 4x = 2 + 20
11x = 22
x = 22/11
x = 2
Answer:
mtx(8x+3)-3mt(8x+3)
)Step-by-step explanation:
