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Consider the Following Formula: VL = VU + the Term

question 70

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Consider the following formula: VL = VU + Consider the following formula: V<sub>L</sub> = V<sub>U</sub> +   The term   represents A)  the value of firm with leverage. B)  the present value of the interest tax shield. C)  the present value of the future interest payments. D)  the interest tax shield each year. The term Consider the following formula: V<sub>L</sub> = V<sub>U</sub> +   The term   represents A)  the value of firm with leverage. B)  the present value of the interest tax shield. C)  the present value of the future interest payments. D)  the interest tax shield each year. represents


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