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If taxes rate decreases (for example, from 40% to 20%). Giventhe following four statements:I. The benefit of tax shield created by debt decreases.II. The cost

If taxes rate decreases (for example, from 40% to 20%). Giventhe following four statements:I. The benefit of tax shield created by debt decreases.II. The cost of debt (financial distress and bankr 2 answers

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