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Indian Gaming Company has 10 million shares outstanding, trading now at INR 25 per share. The firm has estimated the expected rate of return to

Indian Gaming Company has 10 million shares outstanding, trading now at INR 25 per share. The firm has estimated the expected rate of return to shareholders at 8%? It also has issued INR 200 million of long-term bonds at an interest rate of 7%. It pays tax at rate of 35%. What is the after tax WACC of the firm?

What is the percentage value of the tax shield in the overall value of Indian Gaming Company?

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