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Sand Mountain Resort has a 45 % tax rate. Its total interest payment for the year just ended was $6.8 million. What is the interest

Sand Mountain Resort has a 45 % tax rate. Its total interest payment for the year just ended was $6.8 million. What is the interest tax shield?

A	$3,006,500
B	$3,060,000
C	$3,410,600
D	$3,525,000
E	$3,618,000

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