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If a firm is losing money, the after-tax cost of debt is: a. equal to k d (1 - T). b. found by trial and
If a firm is losing money, the after-tax cost of debt is:
| a. | equal to kd(1 - T). | |
| b. | found by trial and error. | |
| c. | equal to the pretax cost of debt. | |
| d. | None of the above |
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Financial Crimes
Authors: Maximilian Edelbacher, Peter Kratcoski, Michael Theil
1st Edition
0367866528, 978-0367866525
