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    Which One of the Following Represents the Present Value of the Interest
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Which One of the Following Represents the Present Value of the Interest

Question 39

Question 39

Multiple Choice

Which one of the following represents the present value of the interest tax shield?


A) D / Tc
B) D ´(1 - Tc)
C) D/(1 - Tc)
D) D - D(Tc)
E) TC ´D

Correct Answer:

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