CH1 - raise capital, and unlimited life. 5. To maximize the...

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CHAPTER 1 INTRODUCTION TO CORPORATE FINANCE Answers to Concepts Review and Critical Thinking Questions 3. The primary disadvantage of the corporate form is the double taxation to shareholders of distributed earnings and dividends. Some advantages include: limited liability, ease of transferability, ability to
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Unformatted text preview: raise capital, and unlimited life. 5. To maximize the current market value (share price) of the equity of the firm (whether its publicly traded or not). 7. A primary market transaction....
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