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When we calculate WACC, what is (1-t) stand for? Taxable income is reduced by the amount of interest Taxes are reduced by the amount of
When we calculate WACC, what is (1-t) stand for?
- Taxable income is reduced by the amount of interest
- Taxes are reduced by the amount of the interest for debt
- Taxable income is reduced by the amount of debt
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
