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Home Q & A Board Other Fields Homework Help Business Finance
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Memphic Memphic
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6 years ago
Assume that investors in Google pay a 15% tax rate on income from equity and a 35% tax rate on interest income. If Google were to issue sufficient debt to reduce its corporate taxes by $1 billion per year permanently, then the value that would be created is closest to:
A) $6.1 billion
B) $10.2 billion
C) $12.2 billion
D) $14.3 billion
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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EgorGruzdevEgorGruzdev
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#1
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6 years ago
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Memphic Author
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6 years ago
Smart ... Thanks!
Mcb
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Yesterday
This helped my grade so much Perfect
alpheratz
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2 hours ago
Thanks
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