Assignment Papers-Describ  the impact of corporate taxes on the weighted average cost of capital.

Assignment Papers-Describ  the impact of corporate taxes on the weighted average cost of capital.

1. Describ  the impact of corporate taxes on the weighted average cost of capital.
2. Distinguish      between direct and indirect costs in a corporate bankruptcy.
3. Describe      agency costs and the impact on bondholders.
4. Explain      the application and implications of the pecking-order theory.