Question Help Braxton Enterprises currently has debt outstanding of $million and an interest rate of 9% Braxton plans to reduce its debt by repaying S1 million in principal at the end of each year for the next five years of Braxton's marginal corporate tax rate is 25%, what is the interest tax shold from Braxton's debt in each of the next five years? The interest tax shield in year one is smilion (Round to three decimal places) The interest tax shield in year to is $milion (Round to three decimal places) The interest tax shield in year three is smilion (Round to three decimal places) The interest tax shield in year four is $milion Round to three decimal places) The interest tax shield in your five is million (Round to three decimal places)