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question 35

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Use the information for the question(s) below.
LCMS Industries has $70 million in debt outstanding.The firm will pay only interest on this debt (the debt is perpetual) .LCMS' corporate tax rate is 21% and the firm pays a rate of 8% interest on its debt.
-LCMS' annual interest tax shield is closest to:

Acknowledge the cognitive and physical effects of fetal conditions, like malnutrition, and the potential for intervention.
Grasp the significance of early auditory experiences and preferences in newborns.
Understand the concept and graphical representation of price elasticity of demand.
Distinguish between different types of price elasticity (elastic, inelastic, unit elastic, perfectly elastic, and perfectly inelastic).

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