Question
1. interest rate is need to be able to calculate an NPV. -true -false 1. The tax deductibility of expenses ______ their after tax cost
1. interest rate is need to be able to calculate an NPV.
-true
-false
1. The tax deductibility of expenses ______ their after tax cost (assume a tax paying firm).
| -increases | ||
| -decreases | ||
| - | has no effect on | |
| - | has an undetermined effect on | |
| - | either increases or decreases, depending on whether it is for a sole proprietorship or a corporation |
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Public Finance and Public Policy
Authors: Jonathan Gruber
5th edition
1464143331, 978-1464143335
