Are taxes necessary for the cost of debt financing to be


1. Are taxes necessary for the cost of debt financing to be less than the cost of equity financing?

2. You would like to own shares that have a record date of Friday 19 March 2018. What is the last date that you can purchase the share and still receive the dividend?

3. Distinguish between business and financial risks.

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Financial Management: Are taxes necessary for the cost of debt financing to be
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