A project costs R5 000. It will be financed with a R3 000 five-year loan at 10%
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A project costs R5 000. It will be financed with a R3 000 five-year loan at 10% interest.
The corporation tax rate is 28%, and the project has a 50% debt capacity. What is the present value of its tax shield?
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Related Book For 
Corporate Finance Theory And Practice
ISBN: 9781473758384
10th Edition
Authors: Steve Lumby, Chris Jones
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