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Bharat Industries has EBIT of $450 million, interest expense pf $175 million, and a corporate tax rate of 35%. The amount of Bharats annual interest

Bharat Industries has EBIT of $450 million, interest expense pf $175 million, and a corporate tax rate of 35%. The amount of Bharats annual interest tax shield is closest to: A. $61.25 million. B. $175.20 million. C. $115 million. D. $290.75 million

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