During its most profitable years in the late 1990s, Sun did not carry any debt. In 1999,
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During its most profitable years in the late 1990s, Sun did not carry any debt. In 1999, Sun paid $138.6 million in taxes. Compare the situation at Sun with the situation at Merck in respect to their debt policies.
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Behavioral Corporate Finance Concepts And Cases For Teaching Behavioral Finance
ISBN: 9781259277207
2nd Edition
Authors: Hersh Shefrin
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