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If a firm borrows $50 million for one year at an interest rate of 9%, what is the present value of the interest tax shield? Assume a 21% marginal corporate tax rate.'
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If a firm borrows $50 million for one year at an interest rate of 9%, what is the present value of the interest tax shield? Assume a 21% marginal corporate tax rate.'

User LaRae White
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1 Answer

3 votes

Answer:$648,150

Step-by-step explanation:

User P S Solanki
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