Corporate Finance
Corporate Finance
3rd Edition
ISBN: 9780132992473
Author: Jonathan Berk, Peter DeMarzo
Publisher: Prentice Hall
Question
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Chapter 15.4, Problem 1CC
Summary Introduction

To discuss: The personal tax disadvantage of debt for the year 2012.

Introduction:

Personal taxes are just like corporate taxes that reduce the cash flow to the investor and bring down the firm’s value. Interest on income is taxed high than equity income.

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Chapter 15 Solutions

Corporate Finance

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