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Question 4 (1 point) Riverside Roofing Inc. has generated an EBIT of $250,000. The company has debt of $1,500,000 outstanding with anlannual 8% coupon. If

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Question 4 (1 point) Riverside Roofing Inc. has generated an EBIT of $250,000. The company has debt of $1,500,000 outstanding with anlannual 8% coupon. If the company has an unlevered cost of capital of 12% and faces a tax rate of 35%, what is the interest tax shield that the company can get from CRA per year? $550,000 $1,474,167 $35,000 $42,000 $525,000

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