Use the information for the question(s) below.
Aardvark Industries is considering a project that will generate the following free cash flows: 
You are also provided with the following market value balance sheet and information regarding Aardvark's cost of capital: 
-Suppose that to fund this new project,Aardvark borrows $120 with the principal to be paid in three equal installments at the end each year.The present value of Aardvark's interest tax shield is closest to:
Definitions:
Precontemplation Stage
The precontemplation stage is a phase in behavior change models where an individual is not yet considering change or is unaware of the need for change.
Introspection
The examination or observation of one's own mental and emotional processes.
Ineptness
A lack of skill, ability, or competence in a particular area.
Countertransference Reactions
Emotional reactions of a therapist that are directed towards the patient, often influenced by the therapist's own unconscious feelings.
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