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Intro Sourland Candy has just issued a 20-year bond worth $25 million, with a coupon rate of 5%. After 20 years, the company will pay

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Intro Sourland Candy has just issued a 20-year bond worth $25 million, with a coupon rate of 5%. After 20 years, the company will pay off the bond and not issue a new one. Sourland's marginal tax rate is 28% and expected to stay constant. Attempt 1/10 for 10 pts. Part 1 What is the annual interest tax shield (in $ million)? B+ decimals Submit Show all parts

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