If a firm permanently borrows $100 million at an interest rate of 8%, what is the present value of the interest tax shield? (Assume that the marginal corporate tax rate is 21%.)

if it is for a job, then you should learn everything you can about the job, like what does it involve, what qualification is required and how you are the right person for that job. dress appropriately for the interview. get plenty of rest the night before. good luck!

answerblank(1) negatively.blank(2); rises; blank(3) falls;

the correct answer is:     [c]:     " cyclical unemployment " .