Shown below is the income statement for E. C. Builders (ECB). Given its marginal corporate tax rate

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Shown below is the income statement for E. C. Builders (ECB). Given its marginal corporate tax rate of 35%, what is the amount of the interest tax shield for ECB in years 2010 through 2013?

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Corporate Finance

ISBN: 9780273792024

3rd Global Edition

Authors: Peter Demarzo, Jonathan Berk

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