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Business, 30.03.2020 16:57 alejandramirand9836

Suppose a project financed via an issue of debt requires six annual interest payments of $18 million each year. If the tax rate is 35% and the cost of debt is 8%, what is the value of the interest rate tax shield

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Suppose a project financed via an issue of debt requires six annual interest payments of $18 million...

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