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The federal corporate tax rate recently decreased. All else constant, how did this affect aspects of valuation for projects if a firm is partially financed
The federal corporate tax rate recently decreased. All else constant, how did this affect aspects of valuation for projects if a firm is partially financed with debt?
a. UNI and FCF fell while WACC rose.
b. UNI, FCF and WACC all fell.
c. UNI, FCF and WACC all rose.
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