14. The trouble with MMs argument is that it ignores the fact that individuals can deduct interest...

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14. “The trouble with MM’s argument is that it ignores the fact that individuals can deduct interest for personal income tax.” Show why this is not an objection if personal tax rates on interest and equity income are the same.

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Principles Of Corporate Finance

ISBN: 9780071314176

10th Global Edition

Authors: Richard Brealey

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Question Posted: Jul 27, 2024 10:00 AM

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14. The trouble with MMs argument is that it ignores the fact that individuals can deduct interest...

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Principles Of Corporate Finance

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