If a Firm Borrows $50 Million for One Year at an Interest

question 8

Multiple Choice

If a firm borrows $50 million for one year at an interest rate of 9%, what is the present value of the interest tax shield? Assume a 30% tax rate.

• A) $50.00 million
• B) $17.50 million
• C) $1.445 million
• D) $1.239 million

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Definitions:

Societal Characteristics

Refers to the distinct attributes, values, norms, and practices that define a society or social group.

Group-level Characteristics

Traits or features that are shared by members of a group, influencing the group's behavior, dynamics, and outcomes.

Individual Characteristics

Unique attributes, traits, and behaviors that differentiate one person from another.

Effective Counselors

These are professionals in counseling who demonstrate skills and competencies that effectively address the needs of their clients.