How much debt can impi issue this year and still receive

Assignment Help Financial Management

Reference no: EM131535271

With its current? leverage, Impi Corporation will have net income next year of $ 5.5$5.5 million. If? Impi's corporate tax rate is 38 %38% and it pays 10 %10% interest on its? debt, how much debt can Impi issue this year and still receive the benefit of the interest tax shield next? year?

Reference no: EM131535271

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