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How much debt is outstanding in a firm that has calculated the present value of a perpetual tax shield to be $150,000 if the tax

How much debt is outstanding in a firm that has calculated the present value of a perpetual tax shield to be $150,000 if the tax rate is 40% and the debt carries a 6% rate of return? $1,000,000 $375,000 $22,500 $90,000

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