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Comptronix is a listed tech firm, whose debt and equity have market values of $ 3 0 0 million and $ 4 5 0 million,
Comptronix is a listed tech firm, whose debt and equity have market values of $ million and $ million, respectively. Comptronix shares have a beta of while the firm's beforetax cost of debt is The riskfree interest rate is pa and the market risk premium is pa Comptronix's free cash flow at the end of the current year is expected to be $ million, and its free cash flows are expected to grow at pa What is the present value of Comptronix's debt tax shield, if it pays tax at and incurs no financial distress costs?
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