Dramprin Industries has outstanding carryforwards of $110 million from losses of over the past six...
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Finance
Dramprin Industries has outstanding carryforwards of $110 million from losses of over the past six years. What is the NPV of the tax benefit if the tax rate is 28% and the WACC equals 10%? (choose the nearest number)
A.$24,000,000
B.$30,000,000
C.$10,000,000
D.$27,000,000
20,000,000
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