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Epsilon has 2,000 bonds outstanding with a face value of $1,000 each and a coupon rate of 10%. The interest is paid semi-annually. What is

Epsilon has 2,000 bonds outstanding with a face value of $1,000 each and a coupon rate of 10%. The interest is paid semi-annually. What is the amount of the annual interest tax shield if the tax rate is 25%?

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