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If a firm with a marginal tax rate of 35% issues permanent debt of $500 million with a coupon of 6%, what is the present

If a firm with a marginal tax rate of 35% issues permanent debt of $500 million with a coupon of 6%, what is the present value of the tax shield? Select one: a. $30.0 million b. $175.0 million c. $10.5 million d. $300.0 million

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