Homework: 5 Chapter 16 Homework Question 5, P16-16 (simil... Part 1 of 8 > HW Score: 33.33%, 3 of 9 poin Score: 0 of 1 Size of Tax Shield. Roxy Broadcasting was originally an all-equity firm with a before-tax value of $25,000,000. Determine the size of the tax shield with a corporate tax rate of 18%, 25%, 38%, and 48% if Roxy's capital structure is 40/60 debt to equity. Determine the same if the capital structure is 60/40