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Calculate the tax shield for a company with the following characteristics: EBIT 9 5 million Cost of Debt 7 . 6 9 Percent Cost of
Calculate the tax shield for a company with the following characteristics:
EBIT million
Cost of Debt Percent
Cost of Equity Percent
Total Debt million
Total Equity million
Tax Rate Percent
Enter your answer in millions, rounded to the nearest $ million.
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