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    Exam 14: Highly Leveraged Transactions: Lbo Valuation and Modeling Basics
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    Some Analysts Suggest That the Problem of a Variable Discount
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Some Analysts Suggest That the Problem of a Variable Discount

Question 34

Question 34

True/False

Some analysts suggest that the problem of a variable discount rate can be avoided by separating the value of a firm's operations into two components: the firm's value as if it were debt free and the value of interest tax savings.

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