Alexandram6725 Alexandram6725

10-04-2024
Business

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Compute the present value of interest tax shields generated by these three debt issues. Consider corporate taxes only. The marginal tax rate is Tc = 0.35.
A $2,200, one-year loan at 9%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) PV (tax shield) $___

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