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If a firm borrows permanently $20 Million at an interest rate of 8%, what is the present value of the interest tax shield? If a
If a firm borrows permanently $20 Million at an interest rate of 8%, what is the present value of the interest tax shield? If a firm borrows $20 Million for one year at an interest rate of 7%, what is the present value of the interest tax shield? (Assume the corporate tax rate Tc = 0.35)
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Corporate Finance Core Principles and Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
3rd edition
978-0077971304, 77971302, 978-0073530680, 73530689, 978-0071221160, 71221166, 978-0077905200
