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    Intermediate Financial Management Study Set 2
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    Exam 10: Determining the Cost of Capital
  5. Question
    A Firm Going from a Lower to a Higher Tax
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A Firm Going from a Lower to a Higher Tax

Question 59

Question 59

True/False

A firm going from a lower to a higher tax bracket could increase its use of debt, yet actually wind up with a lower after-tax cost of debt.

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