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Business, 05.08.2021 04:00 mcccreamullinsr

The interest tax shield has no value for a firm when the I. tax rate is greater than zero. II. debt-equity ratio is exactly equal to 1. III. firm is unlevered. IV. firm elects an all-equity capital structure.

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The interest tax shield has no value for a firm when the I. tax rate is greater than zero. II. debt-...

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