Question
ABC Company has issued debt of $47,486 at an interest rate of 7.1%. What is the present value of the interest tax shield? Assume a
ABC Company has issued debt of $47,486 at an interest rate of 7.1%. What is the present value of the interest tax shield? Assume a tax rate of 27.3%.
Enter your answer rounded off to two decimal points.
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Governing Global Finance
Authors: Michele Fratianni, Paolo Savona
1st Edition
1138742147, 978-1138742147
