Your firm currently has $ 92 million in debt outstanding with a nbsp 7 % interest rate. The terms of the loan require it to repay $ 23 million of the balance each year. Suppose the marginal corporate tax rate is 30 %, and that the interest tax shields have the same risk as the loan. What is the present value of the interest tax shields from this debt?

Shareholders of tesla recently expressed concerns that elon musk should give up some of his power on tesla's board by appointing two independent directors. which of the following is not a reason why elon musk is perceived to have significant power over tesla's board? 1. he is the founder of the firm and a successful entrepreneur, thus board members may be hesitant to challenge him.2. as the ceo and chairman of the firm he can easily determine what the board should discuss and how it should vote on strategic issues.3. all board members, except for kimbal, have been appointed to the board during elon's tenure.4. many of the firm's directors are outsider investment managers whose interests would not be aligned with those of firms' shareholders.

Hundreds of a bank's customers have called the customer service call center to complain that they are receiving text messages on their phone telling them to access a website and enter personal information to resolve an issue with their account. what action should the bank take?

What is the cause of smoky exhaust?