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Business, 16.10.2021 18:30 asndjsd9397
Assuming the interest on the debt is fully tax deductible, when firms issue more debt, the present value of the tax shield on debt while the present value of the financial distress costs . increases; increases increases; remains constant decreases; remains constant decreases; increases decreases; decreases
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Assuming the interest on the debt is fully tax deductible, when firms issue more debt, the present v...
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