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For year 20X1, Zero earns $30MM of EBIT. If the firm's tax rate is 30% and it pays 10% interest on $100MM of debt, what
For year 20X1, Zero earns $30MM of EBIT. If the firm's tax rate is 30% and it pays 10% interest on $100MM of debt, what is its NI for 20X1? Assume the firm's Taxable Income is equal to its EBT.
Round your answer to one decimal place.
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