The trouble with MMs argument is that it ignores the fact that individuals can deduct interest for
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“The trouble with MM’s argument is that it ignores the fact that individuals can deduct interest for personal income tax.” Show why this is not an objection. What difference would it make if individuals were not allowed to deduct interest for personal tax?
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Related Book For
Principles of Corporate Finance
ISBN: 978-0072869460
7th edition
Authors: Richard A. Brealey, Stewart C. Myers
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