A levered company faces a corporate tax rate of 4 0 % . If the company has
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A levered company faces a corporate tax rate of If the company has perpetual debt with a face value of million euro and a market value equal to million euro, what is the value the companys tax shield?
Related Book For
Taxes And Business Strategy A Planning Approach
ISBN: 9780132752671
5th Edition
Authors: Myron Scholes, Mark Wolfson, Merle Erickson, Michelle Hanlon
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