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According to MM propositions, at what debt-equity ratio the cost of equity should be lowest? Zero if there is no tax and indefinitely large if
According to MM propositions, at what debt-equity ratio the cost of equity should be lowest? Zero if there is no tax and indefinitely large if a non-zero tax rate is applied. Zero Infinitely large Zero if there is no tax and 1 if a non-zero tax rate is applied
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