What is the annual tax shield to a firm that has total assets of $80 million and

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What is the annual tax shield to a firm that has total assets of $80 million and a net worth of $55 million, if the average interest rate on debt is 8.5% and the marginal tax rate is 35%?

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Fundamentals of Corporate Finance

ISBN: 978-0133400694

1st canadian edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi

Question Posted: Jan 08, 2018 06:44 AM

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What is the annual tax shield to a firm that has total assets of $80 million and

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Fundamentals of Corporate Finance

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