Question: need help with this question please Your firm currently has $96 million in debt outstanding with a 10% interest rate. The terms of the loan

need help with this question please

Your firm currently has $96 million in debt outstanding with a 10% interest rate. The terms of the loan require the firm to repay $24 milion of the balance each Suppose that the marginal corporate tax rate is 35%, and that the interest tax shields have the same risk as the loan what year is the present value of the interest tax The present value of the interest tax shields is $ million (Round to two decimal places.)

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