Income taxes have the effect of
A) increasing the cost of debt.
B) decreasing the cost of debt.
C) decreasing the cost of capital for the firm.
D) both b and c are correct.
Answer: B
Income taxes have the effect of
A) increasing the cost of debt.
B) decreasing the cost of debt.
C) decreasing the cost of capital for the firm.
D) both b and c are correct.
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