show work please

Asker Inc. is an all-equity funded firm that is considering borrowing $ 2 billion at a market interest rate of 8%. If the loan is a balloon payment loan for 10 years (only interest paid for the next 10 years and the principal at the end of year 10) and Asker faces a 40% marginal tax rate, what is the present value of the tax benefits that Asker will get just from the ten-year loan? O a. 429.45 million O b. 229.47 million O c. 544.54 million O d. 365.21 million Give your reasons 1 " B I II! c? 60*4=24 million 24 million (pv of annuity, 10 years,8%)=pv of savings