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The question is exactly as shown below... no more information has been added but i think you guys can still get the answer. please help!

The question is exactly as shown below... no more information has been added but i think you guys can still get the answer. please help!image text in transcribed

Markum Enterprises is considering permanently adding an additional $168 million of debt to its capital structure. Markum's corporate tax rate is 21%. a. Absent personal taxes, what is the value of the interest tax shield from the new debt? b. If investors pay a tax rate of 37% on interest income, and a tax rate of 20% on income from dividends and capital gains, what is the value of the interest tax shield from the new debt? a. Absent personal taxes, what is the value of the interest tax shield from the new debt? In the absence of personal taxes, the value of interest tax shield from new debt should be $ million. (Round to two decimal places.) Markum Enterprises is considering permanently adding an additional $168 million of debt to its capital structure. Markum's corporate tax rate is 21%. a. Absent personal taxes, what is the value of the interest tax shield from the new debt? b. If investors pay a tax rate of 37% on interest income, and a tax rate of 20% on income from dividends and capital gains, what is the value of the interest tax shield from the new debt? a. Absent personal taxes, what is the value of the interest tax shield from the new debt? In the absence of personal taxes, the value of interest tax shield from new debt should be $ million. (Round to two decimal places.)

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