Create a cash-flow problem because accrued

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Question: The firm that issues a zero coupon bond can tax deduct (non-cash) interest expense when the interest accrues. Investing into a zero coupon bond can create a cash-flow problem because accrued (non-cash) interest income is taxable

Reference no: EM133655540

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Create a cash-flow problem because accrued : Investing into a zero coupon bond can create a cash-flow problem because accrued (non-cash) interest income is taxable

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