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Thrifty Inc. has $6,000,000 in long-term debt. The interest rate is 8%; the tax rate is 40%. The PV of the debt tax shield is$
Thrifty Inc. has $6,000,000 in long-term debt. The interest rate is 8%; the tax rate is 40%.
The PV of the debt tax shield is$ .............................................................
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
