Question
Suppose a project financed via an issue of debt requires six annual interest payments of $8568 each year. If the tax rate is 30 %
Suppose a project financed via an issue of debt requires six annual interest payments of $8568 each year. If the tax rate is 30 % and the cost of debt is 7.1%, what is the present value of the interest expense tax shield?
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International Finance Transactions Policy And Regulation
Authors: Hal Scott, Anna Gelpern
23rd Edition
1647084105, 978-1647084103
