If a firm has 74 million in debt 224 million in equity a


If a firm has $7.4 million in debt, $22.4 million in equity, a tax rate of 34%, and pays interest on debt, what is the firm's PV of the interest tax shields?

a. $2.516 million

b. $150,960

c. $444,000

d. $15 million

e. $456,960

Request for Solution File

Ask an Expert for Answer!!
Financial Management: If a firm has 74 million in debt 224 million in equity a
Reference No:- TGS01153912

Expected delivery within 24 Hours