Tax Shield Value Wilde Software Development has an 11% unlevered cost of equity. Wilde forecasts the following interest expenses, which are expected to grow at a constant 2% rate after Year 3. Wilde's tax rate is 25%.

Interest Expense

Year 1 $70

Year 2 $90

Year 3 $125

What is the horizon value of the interest tax shield? Do not round intermediate calculations. Round your answer to the nearest cent. $

What is the total value of the interest tax shield at Year 0? Do not round intermediate calculations. Round your answer to the nearest cent.

$