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Which of the following is most CORRECT? A. It makes more sense for low-tax-bracket investors to invest in munis than for high-tax-bracket investors. B. The

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Which of the following is most CORRECT? A. It makes more sense for low-tax-bracket investors to invest in munis than for high-tax-bracket investors. B. The U.S. had large trade surpluses for about 15 years following World War II, but has had trade deficits since the mid-1960s. C. One of EVA's greatest virtues is its direct link to stock prices. Consequently, more and more security analysts are calculating companies' EVAs and using them to help identify good buys in the stock market. D. Shareholder wealth is maximized by maximizing the difference between the market value of the firm's equity and the amount of equity capital that was supplied by investors. This difference is called the Economic Value Added. E. To calculate EVA, depreciation is not subtracted because it is a noncash expense

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