Compute the after-tax interest expense for a firm with Interest on Excess Cash = $2000,Interest on Debt = $7000,and a tax rate of 30%.
A)$2500
B)$2800
C)$3100
D)$3500
E)$3900

Question

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The Answer of Compute the after-tax interest expense for a firm with Interest on Excess Cash = $2000,Interest on Debt = $7000,and a tax rate of 30%.
A)$2500
B)$2800
C)$3100
D)$3500
E)$3900

Compute the After-Tax Interest Expense for a Firm with Interest