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Tullalile Use the following information to answer the question(s) below. Wyatt Oil issued $100 million in perpetual debt (at par) with an annual coupon of 7%. Wyatt will pay interest only on this debt. Wyatt's marginal tax rate is expected to be 40% for the foreseeable future. tion Wyatt's annual interest tax shield is closest to: Select one: A. $42 million B. $7.0 million C. $40 million D. $2.8 million Previous page FIN 4430 01 20SP: Advanced Corporate Finance Question 19 Not yet Wyatt Oil has 25 million shares outstanding and has a marginal corporate tax rate of 40%. Wyatt Oil announces that it will payout $40 million in cash to investors through a special dividend. Sh assumed that Wyatt Oil would retain this excess cash permanently. The amount that Wyatt Oil's share price can be expected to change upon this announcement is closest to wered Marked out of 100 P Flag question Select one: A. $0.64 B. $0.96 C. $156 D. 50.56 Previous page Next page