Foundations Of Financial Management
Foundations Of Financial Management
17th Edition
ISBN: 9781260013917
Author: BLOCK, Stanley B., HIRT, Geoffrey A., Danielsen, Bartley R.
Publisher: Mcgraw-hill Education,
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Chapter 2, Problem 10DQ

Why is interest expense said to cost the firm substantially less than the actual expense, while dividends cost it 100 percent of the outlay? (LO2-1)

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Foundations Of Financial Management

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