Abstract
The preceding chapters neglect the fact that investors might have to acquire external funds to carry out their desired investment alternatives. This chapter deals with the problem of financing investments with equity or debt. We show that taxation can distort financing decisions. Moreover, we analyze alternative sources of debt financing after taxes. After studying this chapter, you will be able to evaluate financing options according to their profitability.
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© 2011 Springer-Verlag Berlin Heidelberg
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Schanz, D., Schanz, S. (2011). Taxation and Financing Decisions. In: Business Taxation and Financial Decisions. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-03284-4_9
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DOI: https://doi.org/10.1007/978-3-642-03284-4_9
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Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-03283-7
Online ISBN: 978-3-642-03284-4
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