Under current U.S. tax laws, the interest paid on any debt- financed investment_______ tax deductible and the interest expense _______the net present value of an investment.
A)is not; raises
B)is not; lowers
C)is; raises
D)is; lowers

Question

Quizplus · Accepted Answer

Under current U.S. tax laws, the interest paid on any debt-financed investment is tax deductible and the interest expense raises the net present value of an investment.

Under Current U