Multiple Choice
The interest tax shield has no value when a firm has:
i.no taxable income.II.debt-equity ratio of 1.III.zero debt.IV.no leverage.
A) I and III only
B) II and IV only
C) I,III,and IV only
D) II,III,and IV only
E) I,II,and IV only
Correct Answer:
Verified
Correct Answer:
Verified
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