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The cash flows to investors for a levered firm are equal to the cash flows to investors in an unlevered firm reduced by the interest

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The cash flows to investors for a levered firm are equal to the cash flows to investors in an unlevered firm reduced by the interest tax shield. True False Question 8 3.33pts One of the reasons why the level of future interest payments is uncertain is because the marginal tax rate may change over time. True False

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