Noodle Ltd has debt $20,000,000 with a cost of 6%. The company intends to maintain...
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Accounting
Noodle Ltd has debt $20,000,000 with a cost of 6%. The company intends to maintain this level of debt for the next 15 years. What is the interest tax saving and the Present Value of the interest tax saving assuming a discount rate of 6%. Tax rate is 30%
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