Compute the After-Tax Interest Expense for a Firm with Interest

question 9

Multiple Choice

Compute the after-tax interest expense for a firm with Interest on Excess Cash = $2000,Interest on Debt = $7000,and a tax rate of 30%.

• A)$2500
• B)$2800
• C)$3100
• D)$3500
• E)$3900

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