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Tax - - 3,049,572
$ in million
PV Cash Flow = $235
115,277,000
3,226,905
112,050,095
90,447,000
21,603,095
7,561,083
14,042,012
90,447,000
2,100,000
102,389,012
Equity Debt+Equity WD WE
420,256,000 527,536,000 20.34% 79.66%
107,280,000 <=Total liability
Cannot easily establish tax interest when looking at Balance sheet, I see LT debt &
deferred interest (82.6M) and Deferred income tax 14.5 M, what is my tax shield?
BEquity 0.9625
Rate of Debt= 0.91
WACC= 15.51%