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The interest expense is $10 million, the corporate tax rate is 20%, and the discount rate on the tax shield is 10%. What is the
The interest expense is $10 million, the corporate tax rate is 20%, and the discount rate on the tax shield is 10%. What is the gain to leverage or the value added from issuing debt? $19 million $20 million $29 million $30 million
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Sport Funding And Finance
Authors: Bob Stewart
2nd Edition
041583984X, 978-0415839846
