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    Financial Management Theory Study Set 2
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    Exam 21: Dynamic Capital Structures and Corporate Valuation
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    Refer to Data for Kitto Electronics
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Refer to Data for Kitto Electronics

Question 4

Question 4

Multiple Choice

Refer to data for Kitto Electronics.Using the compressed adjusted present value model,what is the value of Kitto's tax shield?


A) $156,385
B) $164,616
C) $173,280
D) $182,400
E) $192,000

Correct Answer:

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