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What is the present value of the tax savings in perpetuity for a firm that plans to issue $5,000,000 worth of debt at a yield

What is the present value of the tax savings in perpetuity for a firm that plans to issue $5,000,000 worth of debt at a yield to maturity of 12% if the marginal corporate tax rate is 40%? $5,000,000 $240,000 $2,000,000 a $600,000

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