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QUESTIONS 25 points Cosy PLC is a publicly listed company that sells home furniture in the UK it has 36,000 of debt outstanding with a

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QUESTIONS 25 points Cosy PLC is a publicly listed company that sells home furniture in the UK it has 36,000 of debt outstanding with a coupon rate of 45 per cent. If the tax rate is 35 percent, then calculate the present value of the tax shield Show your steps. For the toolbar, press ALT+F10 (PC) OR ALTFNF10 (Mac), BI VS Paragraph Arial

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