Explain the contention that in the absence of the tax advantages of debt the use of gearing can increase the expected ra

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answerhappygod
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Explain the contention that in the absence of the tax advantages of debt the use of gearing can increase the expected ra

Post by answerhappygod »

Explain the contention that in the absence of the tax advantages
of debt the use of gearing
can increase the expected rate of return for shareholders, but not
necessarily.( 7Marks)
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