The principal, coupon interest rate, and interest overlap period are shown in the following table for a number of bonds. Coupon Interest Bond Principal Interest Rate Overlap Period A $ 15,000,000 6.5%...

The principal, coupon interest rate, and interest overlap period are shown in the following table for a number of bonds. Coupon Interest Bond Principal Interest Rate Overlap Period A $ 15,000,000 6.5% 2 months B 20,000,000 7.0 3 C 15,000,000 6.0 4 D 100,000,000 8.0 6 a. Calculate the dollar amount of interest that must be paid for each bond during the interest overlap period. b. Calculate the after-tax cost of overlapping interest for each bond if the fi rm is in the 40 percent tax bracket.