Question
Assume the government just increased corporate tax rates. This change will cause the: After-tax cost of debt to increase. After-tax cost of equity to decline.
Assume the government just increased corporate tax rates. This change will cause the:
|
| After-tax cost of debt to increase. |
|
| After-tax cost of equity to decline. |
|
| After-tax flotation cost to rise. |
|
| WACC to increase. |
|
| Target debt-equity ratio to change. |
|
| None of the above |
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Financial Management Principles And Applications
Authors: Sheridan Titman, John Martin
14th Global Edition
1292349824, 978-1292349824
