Question
You have a $58,400 15-year loan with an APR of 6.5%. Assuming you are in the 22 percent marginal tax brackets. How much tax shelter
How much tax shelter you would have lost had you opted for a 10-year loan instead of the original 15-year loan?
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Corporate Finance
Authors: Jonathan Berk and Peter DeMarzo
3rd edition
978-0132992473, 132992477, 978-0133097894
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