vanessagril
Mar 18, 2011, 02:52 PM
A corporation has $5,000,000 of 10 percent bonds and $3,000,000 of 12 percent
Preferred stock outstanding. The firm's financial breakeven (assuming a 40 percent tax rate) is
A) $860,000 b) $716,000 C) $1,400,000 D)$1,100,000
Please I need CORRECT answer ASAP. Thx
smoothy
Mar 18, 2011, 03:25 PM
Here is a novel Concept... how about trying it yourself first. I know it will impact on your texting time but give it a try.
THe Rules for homework on this ENTIRE site are as follows...
Read this first: Expectations for the Homework Help board
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We won't do your homework questions for you.
You were given the assignment for you to learn.
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But this is your assignment, so show us you have at least attempted to complete it on your own.
Thank you.
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