Projected after-tax earnings-bond corporation

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Bond corporation is planning a bond issue to finance a new project. Bond plans to issue 2000 bonds with a face value of $1000 each and a coupon rate of 6%. The tax rate is 40%. Projected EPS upon completion of the project is $5.64. What are the projected after-tax earnings after completion of the project if there are still 200,000 shares outstanding?

Reference no: EM132491650

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