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The present value of the interest tax shield is expressed as: Multiple Choice T C D . [EBIT (T C D )]/ R A .
The present value of the interest tax shield is expressed as:
Multiple Choice
TCD.
[EBIT(TCD)]/RA.
TCDRA.
VU + TCD.
TCD/RA.
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
11th edition
978-1111530266
