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A firms cost of retained earnings must be adjusted for corporate taxes and this is accomplished by multiplying by (1 - Tc), where Tc is
A firms cost of retained earnings must be adjusted for corporate taxes and this is accomplished by multiplying by (1 - Tc), where Tc is corporate tax rate.
A)True
B)False
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
