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Fleury Co. has a 35 percent tax rate. Its total interest payment for the year just ended was $38.0 million. Required: What is the interest
Fleury Co. has a 35 percent tax rate. Its total interest payment for the year just ended was $38.0 million.
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What is the interest tax shield? (Do not include the dollar sign ($). Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).)
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