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LCMS Industries has $70 million in debt outstanding. The firm will pay only interest on this debt (the debt is perpetual). LCMS' corporate tax rate
LCMS Industries has $70 million in debt outstanding. The firm will pay only interest on this debt (the debt is perpetual). LCMS' corporate tax rate is 21% and the firm pays a rate of 8% interest on its debt. The present value of LCMS' interest tax shield is closest to: $35.0 million. $45.5 million. $14.7 million. $20.0 million
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The Risk Modeling Evaluation Handbook Rethinking Financial Risk Management Methodologies In The Global Capital Markets
Authors: Greg Gregoriou, Christian Hoppe, Carsten Wehn
1st Edition
0071663703, 978-0071663700
