Question
NRG Inc. currently has $422 million of debt outstanding. It's cost of debt is 4.1% and its marginal corporate tax rate is 25%. Estimate the
NRG Inc. currently has $422 million of debt outstanding. It's cost of debt is 4.1% and its marginal corporate tax rate is 25%. Estimate the tax shield for NRG at the end of the year (don't calculate the present value). Express your answer in $-millions and round to two decimals (do not include the $-sign in your answer).
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
16th Edition
1259919684, 978-1259919688
