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Suppose a project financed via an issue of debt requires six annual interest payments of $18 million each year. If the tax rate is 35%

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Suppose a project financed via an issue of debt requires six annual interest payments of $18 million each year. If the tax rate is 35% and the cost of debt is 7%, what is the value of the interest rate tax shield? .... O A. $24.0 million OB. $30.0 million O C. $60.1 million OD. $36.0 million

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