Homework: Problem Set 6 Save 11 of 11 (1 complete) HW Score: 0%, 0 of 11 pts Score: 0 of 1 pt P16-15 (similar to) Question Help Size of tax shield. Air Seattle is looking to change its capital structure from an all-equity firm to a levered firm with 30% debt and 70% equity. Air Seattle's before tax value was $4,500,000 as an all-equity firm. Determine the size of the tax shield with a corporate tax rate of 12%, 22%, 36%, and 40% if Air Seattle's capital structure is 30/70 debt to equity. What is the size of the tax shield with a corporate tax rate of 12%? S (Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer. parts 3 remaining Clear All Check