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The first numeral example shows that favorable tax treatment of capital gains (tax deductions for investment losses) can increase risk taking reduce risk taking have
The first numeral example shows that favorable tax treatment of capital gains (tax deductions for investment losses) can increase risk taking reduce risk taking have no effect on risk taking keep expected return the same after the tax when investors increase risk
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
