Assuming That the Risk of the Tax Shield Is Only

question 59

Multiple Choice

Assuming that the risk of the tax shield is only 6% even though the debt pays 8%,then the present value of LCMS' interest tax shield is closest to:

• A)$24.5 million
• B)$18 million
• C)$33.0 million
• D)$20.0 million

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Definitions:

Anus

The terminal end of the digestive tract where feces are expelled from the body.

Azoospermia

A medical condition characterized by the absence of sperm in the semen.

Aspermia

The absence of semen or inability to ejaculate semen, which can result from various medical conditions or treatments.

Anorchism

A medical condition characterized by the absence of one or both testes.