How does this affect the value of a company

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Briefly explain the role of financial leverage in affecting returns on equity ? What is an interest tax shield, and how does this affect the value of a company? ? If a company's marginal tax rate were to increase, what is the effect on the interest tax shield from the company's debt?

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How does this affect the value of a company : What is an interest tax shield, and how does this affect the value of a company? ? If a company's marginal tax rate were to increase, what is the effect on the interest tax shield from the company's debt?

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