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    Practical Financial Management Study Set 1
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    Exam 15: Dividends and Repurchases
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    Taxes Play a Subtle Role in the Irrelevance Theory Because
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Taxes Play a Subtle Role in the Irrelevance Theory Because

Question 111

Question 111

True/False

Taxes play a subtle role in the irrelevance theory because dividends and capital gains are taxed at different rates.

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