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please help i rate fast. please follow instruction on rounding . thank you Assume that Microsoft has a total market value of $300 8 billion

image text in transcribed please help i rate fast. please follow instruction on rounding . thank you
Assume that Microsoft has a total market value of $300 8 billion and a marginal tax rate of 35% If it permanently changes its foverage from no debt by taking on new debt in the amount of 13,5% of its current market value what is the present value of the tax shield it will create? The present value of the tax shveld is billion (Round to two decimal places.)

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