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10.10. Beta Supplies has 100 million in debt. It pays 6% interest each year at the end of the year. In addition, it retires 10%

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10.10. Beta Supplies has 100 million in debt. It pays 6% interest each year at the end of the year. In addition, it retires 10% of the remaining balance of the loan at the end of each year. The corporate tax rate is 0.21. Calculate the present value at 4% of the tax shield

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