The interest tax shield has no value when a firm has 1. no taxable income. 2. a debt-to-equity ratio of 1. 3. no interest-bearing debt. 4. a negative growth rate. Multiple Choice O O O 1, 2, and 4 only 1 and 4 only None of the options are correct. 2.3. and 4 only

The interest tax shield has no value when a firm has 1. no taxable income. 2. a debt-to-equity ratio of 1 . 3. no interest-bearing debt. 4. a negative growth rate. Multiple Choice 1,2 , and 4 only 1 and 4 only None of the options are correct. 2. 3 and 4nnlv