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3. Problem 22-03 (Tax Shield Value) begin{tabular}{lrrr} & Year 1 & Year 2 & Year 3 hline Interest expenses & $85 & $115 &
3. Problem 22-03 (Tax Shield Value) \begin{tabular}{lrrr} & Year 1 & Year 2 & Year 3 \\ \hline Interest expenses & $85 & $115 & $130 \end{tabular} a. What is the horizon value of the interest tax shield? Do not round intermediate calculations. Round your answer to the nearest cent. $
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