Vonte Company has a 22 percent tax rate. Its total interest payment for the year...
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Finance
Vonte Company has a 22 percent tax rate. Its total interest payment for the year just ended was $15.7 million. What is the interest tax shield? Vote: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567
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