Y2 A company has a single project which is expected to generate a one-time unlevered after-tax cash
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Y2
A company has a single project which is expected to generate a one-time unlevered after-tax cash flow of 500 two years from today. The company's expected return on assets is 12% and the WACC is 11.25%. There are no costs of financial distress. What is the present value of the interest tax shield for the project?
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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