Legitron corporation has 350 million of debt outstanding at


Legitron corporation has $350 million of debt outstanding at an interest rate of 9 percent. What is the dollar value of the tax shield on that debt, just for this year, if Legitron is subject to a 35 percent marginal tax rate?

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Finance Basics: Legitron corporation has 350 million of debt outstanding at
Reference No:- TGS0618845

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