Total interest expense per year associated with bond? issue

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Reference no: EM131871663

Charter Corp. has issued 2,811 debentures with a total principal value of ?$2,811,000 The bonds have a coupon interest rate of 77?%.

a. What dollar amount of interest per bond can an investor expect to receive each year from? Charter?

b. What is? Charter's total interest expense per year associated with this bond? issue?

c. Assuming that Charter is in a 34?% corporate tax? bracket, what is the? company's net? after-tax interest cost associated with this bond? issue?

Reference no: EM131871663

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