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13- The presence or absence of taxes is central to Modigliani and Miller's conclusions about capital structure because: A) Interest payments reduce a firm's taxable

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13- The presence or absence of taxes is central to Modigliani and Miller's conclusions about capital structure because: A) Interest payments reduce a firm's taxable income B) Dividend payments reduce a firm's taxable income C) Interest payments increase a firm's taxable income D) Dividend payments increase a firm's taxable income E) None of the above

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