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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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