p5 In a world with taxes, the value of a leveraged firm equals the value of an unleveraged firm plus: the present value of its debt. the present value of the interest tax shield. the present value of its future cash flows. none of the above.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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p5

In a world with taxes, the value of a leveraged firm equals the value of an unleveraged firm plus:
the present value of its debt.
the present value of the interest tax shield.
the present value of its future cash flows.
none of the above.

 

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