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For firms subject to the 40% marginal tax rate, the after-tax cost of ____ is roughly three-fifths the cost of preferred stock. A. long-term debt
For firms subject to the 40% marginal tax rate, the after-tax cost of ____ is roughly three-fifths the cost of preferred stock.
| A. | long-term debt |
| B. | retained earnings |
| C. | None of these are correct |
| D. | new common stock |
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Derivative Products And Pricing The Das Swaps And Financial Derivatives Library
Authors: Satyajit Das
1st Edition
0470821647, 9780470821640
