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The top documents tagged [subsidizing debt]
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P.V. VISWANATH FOR A FIRST COURSE IN FINANCE 1. 2 Payments to debt holders are considered as deductible expenses by the IRS; hence the IRS effectively
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P.V. VISWANATH FOR A FIRST COURSE IN FINANCE 1. 2 Corporations pay taxes on their profits after interest payments are deducted. Thus, interest expense
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