Net debt equals ________. a. Debt/Equity b. Debt (1 Tax Rate) c. Total debt minus

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Net debt equals ________.

a. Debt/Equity

b. Debt × (1 – Tax Rate)

c. Total debt minus the cash and risk-free assets the company owns

d. The yield to maturity of a company’s bonds divided by the tax rate

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Principles Of Finance

ISBN: 9798439388899

1st Edition

Authors: Julie Dahlquist, Rainford Knight

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