FCF (free cash flow) of FBNA is expected to be $9 million in 2021, and it will grow at a constant rate of 3% per year thereafter. FBNA currently maintains a 0.5 debt to equity ratio and has Re= 13% (cost of equity), Rd=7% (cost of debt). The corporate tax rate is 35%. What is the value of FBNAs interest tax shield this year? All calculations round up to two decimals places and Choose the closest answer. Select one:

a. $20 million

b. $10 million

c. $24 million

d. $16 million