PRIN.OF CORP.FINANCE-CONNECT ACCESS
PRIN.OF CORP.FINANCE-CONNECT ACCESS
13th Edition
ISBN: 2810023360757
Author: BREALEY
Publisher: MCG
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Chapter 30, Problem 36PS
Summary Introduction

To discuss: Whether Internal Revenue Service (IRS) should prohibits the companies from borrowing money to purchase tax exempts and deducting the interest payments from the taxable income.

Summary Introduction

To discuss: whether person X would advise the company to buy the tax-exempts.

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