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- 2011-7-11
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- 2014-8-6
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Dreary - I agree with all your calcs. However, you need to multiply the adjustments above by (1-T) so you can get the after-tax effect. Why after tax effect?
Because in a scenario, for example, where contribution > EPE, you are paying down principal. Interest expense is tax deductible. |
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发表于 2011-7-13 16:03
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