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Slide 1 LIMITS TO THE USE OF DEBT Slide 2 Personal Taxes The cash flows to investors are typically taxed twice. Once at the corporate level and then investors are taxed again…
Slide 1 The Capital Structure Decision: Theory P.V. Viswanath Based on Damodaran’s Corporate Finance Slide 2 P.V. Viswanath2 Costs and Benefits of Debt Benefits of…
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Slide 1 The Financing Mix 11/08/05 Slide 2 The financing mix question In deciding to raise financing for a business, is there an optimal mix of debt and equity? If yes, what…