Question
Which of the following is true? There can be more than one answer As leverage increases the value of the firm increasing according to the
Which of the following is true? There can be more than one answer
As leverage increases the value of the firm increasing according to the MM theory with corporate taxes.
As leverage increases the value of the firm decreases according to the MM theory with corporate taxes
Taxes rates on interest and dividends are always the same.
The US tax codes encourages companies to use debt.
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Principles Of Corporate Finance
Authors: Lawrence J. Gitman, Sean M. Hennessey
2nd Canadian Edition
0321452933, 978-0321452931
