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Memphic Memphic
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6 years ago
Which of the following statements is FALSE?
A) To determine the true tax benefit of leverage, we need to evaluate the combined effect of both corporate and personal taxes.
B) A personal tax disadvantage for debt causes the WACC to decline more slowly with leverage than it otherwise would.
C) Personal taxes have an indirect effect on the firm's weighted average cost of capital.
D) In the United States and many other countries, capital gains from equity have historically been taxed more heavily than interest income.
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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pbrown223pbrown223
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#1
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6 years ago
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Memphic Author
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6 years ago
Good timing, thanks!
bbbbbbbh
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Yesterday
Thank you, thank you, thank you!
bkrandy
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2 hours ago
Brilliant ツ
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