Question: an Moving to another question will save this response. usestion 12 Which of the foliowing statements conceming the MM extension with growth is NOT CORRECT?
an Moving to another question will save this response. usestion 12 Which of the foliowing statements conceming the MM extension with growth is NOT CORRECT? The value of a growing tax shield is greater than the value of a constant tax shioid. For a given DiS, the levered cost of equity is greater than the levered cost of equily under For a given DIS, the WACC is greater than the WACC under MMP's original (with tax) assumpt The tox shields should be discounted at the unlevered cost of equity. The total value of the firm is independent of the amount of debt it uses. an Moving to another question will save this response
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