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A company has decided, as part of its capital budget, to invest $ 2 0 , 0 0 0 , 0 0 0 into the
A company has decided, as part of its capital budget, to invest $ into the purchase of a new factory to increase its production capability. They have decided to fund this investment entirely through debt. The cost of debt is The corporate income tax rate is What would be the annual tax benefits in this project?
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