Use the Information for the Question(s)below

question 30

Multiple Choice

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' marginal tax rate is 35% and the firm pays a rate of 8% interest on its debt.
-LCMS' annual interest tax shield is closest to:

• A)$2.8 million
• B)$2.0 million
• C)$3.6 million
• D)$5.6 million

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Definitions:

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The dietary and nutritional intake of a mother during pregnancy and its effects on her health and the developing fetus.

Scaffolding

An educational technique where a teacher provides successive levels of temporary support to help students achieve higher levels of comprehension and performance.

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A teaching method that involves providing support to students as they learn new concepts, gradually reducing the support as the students become more proficient.