Principles of Corporate Finance
Principles of Corporate Finance
13th Edition
ISBN: 9781260465099
Author: BREALEY, Richard
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 18, Problem 7PS

a)

Summary Introduction

To determine: The difference between total tax on equity income and total corporate plus personal taxes paid on debt when all capital gains are realized immediately.

b)

Summary Introduction

To determine: The difference between total tax on equity and total corporate plus personal taxes paid on debt when all capital gains deferred for ever.

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