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Pelamed Pharmaceuticals had EBIT of ?$266 million in 2018?, interest expenses of ?$71 ?million, and a corporate tax rate of 35?%.
a. What was? Pelamed's 2018 net? income?
b. What was the total of? Pelamed's 2018 net income and interest? payments?
c. If Pelamed had no interest? expenses, what would its 2018 net income have? been? How does it compare to your answer in part? a?
d. What was the amount of? Pelamed's interest tax shield in 2018??
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