In a world of corporate taxes only, show that the RWACC can be written as RWACC =

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In a world of corporate taxes only, show that the RWACC can be written as RWACC = R0 × [1 – tC ( B/V)].
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Corporate Finance Core Principles and Applications

ISBN: 978-0077905200

3rd edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford

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