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Under the US tax code, a high corporate tax rate encourages corporations to _____ use more debt financing use more equity financing use more preferred
Under the US tax code, a high corporate tax rate encourages corporations to _____
use more debt financing
use more equity financing
use more preferred stock financing
has no effect on capital structure
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Financial Management Core Concepts
Authors: Raymond M Brooks
3rd edition
133866696, 978-0133866698
