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Sunland Corporation has $310 million of debt outstanding at an interest rate of 7 percent. What is the dollar value of the tax shield on
Sunland Corporation has $310 million of debt outstanding at an interest rate of 7 percent. What is the dollar value of the tax shield on that debt, just for this year, if Sunland is subject to a 35 percent marginal tax rate? (Enter amount in dollars.)
Value of tax shield | $enter the dollar value of the tax shield |
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