Suppose ABC Inc. has the following properties:

Constant Debt Level of $$21,000$

Marginal tax rate of $22\mathrm{.}00\%$

Long$-$term growth rate of $2\mathrm{.}00\%$

Cost of debt $4\mathrm{.}00\%$

What is the Value of the Tax Shield the closest to$?$

Answer rating: 100% (QA)

To calculate the value of the tax shield we need to determ... View the full answer