In another short paragraph, describe the effect of adding bankruptcy costs to the MM model with taxes.

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Practical financial management

ISBN: 978-0324422634

5th Edition

Authors: William r. Lasher

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Question Posted: Sep 13, 2012 03:59 AM

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In another short paragraph, describe the effect of adding bankruptcy costs to the MM model with taxes.

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Including bankruptcy costs in the MM model mitigates the value enhancing effect o...View the full answer

Practical financial management

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