What is the interest tax shield

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Reference no: EM13768130

Fleury Co. has a 38 percent tax rate. Its total interest payment for the year just ended was $24 million. Required: What is the interest tax shield?

Reference no: EM13768130

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What is the interest tax shield : Fleury Co. has a 38 percent tax rate. Its total interest payment for the year just ended was $24 million. Required: What is the interest tax shield?

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