Net debt equals ________. a. Debt/Equity b. Debt (1 Tax Rate) c. Total debt minus
Question:
Net debt equals ________.
a. Debt/Equity
b. Debt × (1 – Tax Rate)
c. Total debt minus the cash and risk-free assets the company owns
d. The yield to maturity of a company’s bonds divided by the tax rate
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c Total debt minus the cash and riskfree assets the company owns Net debt is a measure of a ...View the full answer
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