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johnpaech johnpaech
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6 years ago
Suppose that to fund this new project, Aardvark borrows $120 with the principal to be paid in three equal installments at the end each year.  The present value of Aardvark's interest tax shield is closest to:
A) $5.15
B) $5.00
C) $5.90
D) $5.25
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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anicidanicid
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6 years ago
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johnpaech Author
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#2
5 years ago
You took a load off my back, thanks for answering correctly
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