Question
Subject: Dynamic Capital Structures In the world of Finance,there is the Adjusted Present Value APV In using the APV model it is nice that companies
Subject: Dynamic Capital Structures
In the world of Finance,there is the Adjusted Present Value APV
In using the APV model it is nice that companies can deduct the interest rate from their taxes. However, if there is a debt then no tax exemptions can be claimed. Do you think that this type of free cash flow evaluation is used much by companies?
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
