If Congress increased the personal tax rate on dividends and capital gains but simultaneously reduced the rate
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If Congress increased the personal tax rate on dividends and capital gains but simultaneously reduced the rate on corporate income, what effect would this have on the average company’s capital structure?
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An increase in the personal tax rate makes both stocks and bonds less attractive to investors be...View the full answer
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Related Book For 
Fundamentals of Financial Management
ISBN: 978-0324302691
11th edition
Authors: Eugene F. Brigham, Joel F. Houston
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