Discounted Cash Flow Further Aspects, Lease versus Buy – ACCA Financial Management (FM)
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The profits are taxed before the payment of dividends. However as you write, it would make no difference to the calculation because we use the dividends in the calculation.
Hi sir, hope you are fine. I have doubt regarding the after tax cost of capital, say If we were to assume that the money for this project was entirely raised from equity, we then not make any interest savings and thus there would be no difference if we were to take either before or after tax cost of capital right?