If the interest rate is 63 percent and the corporate tax, Financial Management

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If the interest rate is 63 percent and the corporate tax

Suppose a firm has $ 10.2 million in debt that it expects to hold in perpetuity. If the interest rate is 6.3 percent and the corporate tax rate is 30 percent, what is the value of the interest tax shield? The interest tax shield is (Round to two decimal places.)

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Financial Management: If the interest rate is 63 percent and the corporate tax

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Financial Management: If the interest rate is 63 percent and the corporate tax

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