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True or false.. Explain. Question 5 (5 points) If the yield-to-maturity on a corporation's debt is 5%, its tax rate is 20% and its P/E

image text in transcribed True or false.. Explain.
Question 5 (5 points) If the yield-to-maturity on a corporation's debt is 5%, its tax rate is 20% and its P/E ratio is 20. Earnings Per Share will rise if it issues debt to buy back common stock

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