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D. L. Tuckers has $48,000 of debt outstanding that's selling at par and has a coupon rate of 6.75%. The tax rate is 35%. What's
D. L. Tuckers has $48,000 of debt outstanding that's selling at par and has a coupon rate of 6.75%. The tax rate is 35%. What's the present value of the tax shield? A. $16,800, B. $2,106, C. $3,240, D. $16,200
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
9th Edition
0324656122, 978-0324656121
