Apple currently has $108B in debt and $100B worth of cash? Assuming that Apple plans to keep

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Apple currently has $108B in debt and $100B worth of cash?

Assuming that Apple plans to keep its level of debt constant forever, and that its marginal tax rate is 25%?

What would be the impact on the tax shield of returning $20B in cash to investors in a repurchase program?

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Fundamentals of Engineering Economics

ISBN: 978-0132775427

3rd edition

Authors: Chan S. Park

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Posted Date: Jan 28, 2023 03:22 AM

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Apple currently has $108B in debt and $100B worth of cash? Assuming that Apple plans to keep

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Since Apple wants to keep its level of debt constant forever that means their PV of Interest tax s... View the full answer

Fundamentals of Engineering Economics

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