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The following questions refer to the excerpt below.
"As the frontier of white settlement expanded westward and Iroquois war parties followed the warrior path to the southeastern tribes,the two forces inevitably clashed...But [the English] wanted the confederacy tied to the British interest exclusively…[and accepted that in the short term] an accommodation [treaty] would prove cheaper than a war… That summer of 1760 witnessed a high watermark in Indian affairs. Canada passed into English hands;the ancient regime ceased to rule New France… English traders no longer had French rivals… The Six Nations and their tributaries had fallen from the position of balancing power between rival nations."
William Nelson Fenton,The Great Law and the Longhouse: A Political History of the Iroquois Confederacy,1998
-Which of the following motivations best explains the Iroquois willingness to enter into agreements with the British?
Accumulated Tax Losses
Accumulated tax losses refer to net losses that a business can carry forward to future tax years, to offset taxable income and reduce tax liabilities.
Optimal Level
The most favorable point, amount, or degree of something for a particular situation, which maximizes efficiency or returns.
M&M Proposition II
Part of the Modigliani-Miller theorem on capital structure, stating that the cost of equity increases with higher levels of debt, as a consequence of the increased risk taken by equity holders.
Cost of Equity
The compensation that investors demand for bearing the risk of owning stock, usually reflected by earnings or dividend growth expectations.
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