CF Chapter 15 Flashcards
1
Q
What is the interest tax shield?
A
Its the gain of investors due to tax deductibility of interest payments
2
Q
What is recapitalization?
A
When a company makes a change in its capital structure
What is the interest tax shield?
Its the gain of investors due to tax deductibility of interest payments
What is recapitalization?
When a company makes a change in its capital structure