Score: 0 of 1 pt 4 of 13 (0 complete) HW Score: 0%, 0 of 23 pts P15-7 (similar to) Question Help Amell's current cost of debt capital is 3%. Ten years have passed since Amell issued $19 million in perpetual interest only debt with a 3% annual coupon Tax rates have remained the same at 35% but interest rates have dropped, a. What is Arnell's annual interest tax shield? b. What is the present value of the interest tax shield today? a. What is Arnell's annual interest tax shield? The interest tax shield is s million (Round to three decimal places.) Enter your answer in the answer box and then click Check Answer. ? part 1 remaining Clear All Check