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Interest expense tax shield has uncertain impact on firm value. has no impact on firm value. decreases the value of a firm. increases the value
Interest expense tax shield
| has uncertain impact on firm value. | ||
| has no impact on firm value. | ||
| decreases the value of a firm. | ||
| increases the value of a firm. | ||
| increases the value of a company only if there are no bankruptcy costs. |
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