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Assume a firm has $16.5 million in operating profit. The firm's tax rate is 35%. What is the tax shield of the firm's $62 million

Assume a firm has $16.5 million in operating profit. The firm's tax rate is 35%. What is the tax shield of the firm's $62 million in debt that charges an 8% interest rate and Given the following, calculate WACC for company XYZ: Debt: $900M Equity: $500M Cost on Debt: 7% Cost on Equity: 10.0% Tax Rate: 35.0%

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