Surbhi's BBQ Grill has Rs. 21,000 of debt outstanding that is selling at par and has a
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Question:
Surbhi's BBQ Grill has Rs. 21,000 of debt outstanding that is selling at par and has a coupon rate of 6.5 percent. The tax rate is 35 percent. What is the present value of the tax shield?
Rs. 790
Rs. 365
Rs. 4,780
Rs. 7,350
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