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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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