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Title: The preset value of KD's interest tax shield is closest to: Post by: Memphic on Nov 20, 2017 The preset value of KD's interest tax shield is closest to:
A) $130 million B) $200 million C) $400 million D) $70 million Title: Re: The preset value of KD's interest tax shield is closest to: Post by: deusmaroto on Nov 20, 2017 D
Explanation: D) Tax Shield = Debt × τC = $200 million × .35 = $70 million |