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Question 2 7 pts XYZ Company has debt of $16.2 million. The interest rate is 7% interest rate. XYZ's 2020 EBIT was $6.2 million and
Question 2 7 pts XYZ Company has debt of $16.2 million. The interest rate is 7% interest rate. XYZ's 2020 EBIT was $6.2 million and the company's tax rate is 31%. What is the value of XYZ's 2020 interest tax shield? Please enter your answer in whole dollars with no decimals, commas, or dollar signs. For example, enter $765,432.10 as 765432
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