Arnell Industries has just issued $15 million in debt​ (at par). The firm will pay interest only on this debt.​ Arnell’s marginal tax rate is expected to be 40% for the forseeable future. a. Suppose Arnell pays interest of 7% per year on its debt. What is its annual interest tax​ shield? (round to 3 decimal places) B What is the present value of the interest tax​ shield, assuming its risk is the same as the​ loan? (round to 3 decimal places) C. Suppose instead that the interest rate on the debt is 10%. What is the present value of the interest tax shield in this​ case? (round to 3 decimal places)

    b)Pv(Toterest tribute uield) so.ua 46 Mili 0.0チ on
    b)Pv(Toterest tribute uield) so.ua 46 Mili 0.0チ on