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ya-yaa ya-yaa
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9 months ago
A firm needs $1 of pre-tax income to pay $1 of interest, but if it is in the 27% federal-plus-British Columbia tax bracket, it must earn $1.37 of pre-tax income to pay $1 of dividends.


▸ true

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Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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vlad8919vlad8919
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9 months ago
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ya-yaa Author
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9 months ago
Thanks
big_larry_samp
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Yesterday
Correct Slight Smile TY
2ne1_12345
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2 hours ago
Helped a lot
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