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Re: Taxation Thought Experiment



Oops:

[email protected] (Dr.Dimitri Vulis KOTM) writes:

> "The value of the levered firm is the value of the levered firm plus the
                                                     ^un
> interest tax shield (the amount of debt times the tax rate)."


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<a href="mailto:[email protected]">Dr.Dimitri Vulis KOTM</a>
Brighton Beach Boardwalk BBS, Forest Hills, N.Y.: +1-718-261-2013, 14.4Kbps