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Chapter 17.5, Problem 2CC
Summary Introduction

To discuss: The corporate taxes affect the decision of a firm to retain the excess cash.

Introduction:

Corporate tax is levy on the corporations and other large entities, which are imposed on their capital or on their income during a period of time.

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Chapter 17 Solutions

Corporate Finance Plus MyLab Finance with Pearson eText -- Access Card Package (4th Edition) (Berk, DeMarzo & Harford, The Corporate Finance Series)

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