What does a convex tax code imply? How does a company benefit from hedging if it faces

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What does a convex tax code imply? How does a company benefit from hedging if it faces a convex tax code? If the corporate tax rate is flat, would a firm benefit from hedging?

Posted Date: May 16, 2024 06:53 AM

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What does a convex tax code imply? How does a company benefit from hedging if it faces

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A convex tax code implies that the marginal tax rate increases as taxable income rises In other word... View the full answer

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