2. (a) Briefly explain the relationship between cost of capital and financial leverage in accordance with M

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2.

(a) Briefly explain the relationship between cost of capital and financial leverage in accordance with M and M proposition.

(b) What will be the effect of taxation on the value of a firm under M and M approach?

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Financial Management

ISBN: 9789352605606

1st Edition

Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana

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