Projected after-tax earnings-swift corporation

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Swift Corporation is planning a bond issue to finance a new project. Swift plans to issue 2000 bonds with a face value of $1000 each and a coupon rate of 10%. The tax rate is 40% Projected EPS after completion of the project is $5.40. What are the projected after-tax earnings after completion of the project if there are 200,000 shares outstanding?

Reference no: EM132491648

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