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Braxton Enterprises currently has debt outstanding of $ 3 5 million and an interest rate of 7 % . Braxton plans to reduce its debt

Braxton Enterprises currently has debt outstanding of $35 million and an interest rate of 7%. Braxton plans to reduce its debt by repaying $7 million in principal at the end of each year for the next
five years. If Braxton's marginal corporate tax rate is 30%, what is the interest tax shield from Braxton's debt in each of the next five years?
The interest tax shield in year one is _____ million. (Round to three decimal places.)
The interest tax shield in year two is $ ______million. (Round to three decimal places.)
The interest tax shield in year three is $ ______million. (Round to three decimal places.)
The interest tax shield in year four is $ ______million. (Round to three decimal places.)
The interest tax shield in year five is $ ______million. (Round to three decimal places.)
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