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Question 12 (1 point) Although depreciation is indeed a noncash item in the balance sheet of a company, it is tax deductible. True False

Question 12 (1 point) Although depreciation is indeed a noncash item in the balance sheet of a company, it is tax deductible. True False Question 13 (1 point) Ignoring possible tax effects and signals, the total market value of equity is the same whether a firm pays dividends or repurchases stock. True False

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