Question: 3. Problem 22-03 (Tax Shield Value) eBook Problem Walk-Through Tax Shield Value Wilde Software Development has a 13. unlevered cost of equity, Wilde forecasts the

 3. Problem 22-03 (Tax Shield Value) eBook Problem Walk-Through Tax Shield

3. Problem 22-03 (Tax Shield Value) eBook Problem Walk-Through Tax Shield Value Wilde Software Development has a 13. unlevered cost of equity, Wilde forecasts the following interest expenses, which are expected to grow at a constant 3% rate after year 1 Wilde's tax rate is 25 Interest expenses Year 1 Year 2 Year 3 $85 SIOS $140 a. What is the horizon value of the Interest tax shield? Do not round Intermediate calculations. Round your answer to the nearest cent $ b. What is the total value of the interest tax shield at Year 07 Do not round Intermediate calculations. Round your answer to the nearest cant, $

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