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What is the annual interest payments for a firm that has calculated the present value of a perpetual tax shield to be $900,000 if the
What is the annual interest payments for a firm that has calculated the present value of a perpetual tax shield to be $900,000 if the tax rate is 40% and the debt carries a 9% rate of return? Select one: a. $330,000 b. $275,200 c. $202,500 d. $410,900
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