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Corporate taxes mitigate the impact of leverage on the cost of equity. increase the proportion of financial risk relative to business risk. amplify the negative
Corporate taxes mitigate the impact of leverage on the cost of equity. increase the proportion of financial risk relative to business risk. amplify the negative impact of leverage on firm value. reduce the impact of business risk on the cost of equity. magnify the impact of leverage on the cost of equity. Corporate taxes mitigate the impact of leverage on the cost of equity. increase the proportion of financial risk relative to business risk. amplify the negative impact of leverage on firm value. reduce the impact of business risk on the cost of equity. magnify the impact of leverage on the cost of equity
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