Assume that Microsoft has a total market value of $298 5 billion and a marginal tax rate of 21 If it permanently changes its leverage from no debt by taking on new debt in the amount of 13 2 of its current market value, what is the present value of the tax shield it will create The present value o...

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Assume that Microsoft has a total market value of $298.5 billion and a marginal tax rate...

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Posted Date: May 18, 2024 06:18 PM

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Assume that Microsoft has a total market value of $298.5 billion and a marginal tax rate...

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