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    Foundations of Financial Management Study Set 2
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    Exam 20: External Growth Through Mergers
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    A Tax Loss Carryforward of $1,000,000 for Company ZZZ Is
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A Tax Loss Carryforward of $1,000,000 for Company ZZZ Is

Question 45

Question 45

True/False

A tax loss carryforward of $1,000,000 for company ZZZ is not usually worth $1,000,000 in present value to a firm that might acquire company ZZZ.

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