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NeuroDyne Telemetrix ( NDT ) has an equity beta of 1 . 3 8 , a cost of debt of 7 . 2 5 %
NeuroDyne Telemetrix NDT has an equity beta of a cost of debt of a debt ratio of and tax rate of The company's EBIT for was $ and a similar figure is expected for How much debt would NDT need to issue in order to completely eliminate its tax liability? What are the limitations to this strategy? If NDT has $ milliion bonds outstanding, what is the current value of its Interest Tax Shield?
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