The marginal tax rate represents the rate at which the next dollar of income is taxed.
Indicate whether the statement is true or false
Question 2
The ordinary income of a corporation is income earned through the sale of goods or services and is currently taxed subject to the individual income tax rates.
Question 3
Because of the basic mathematics of compounding and discounting, the risk-adjusted discount rate (RADR) approach implicitly assumes that risk is an increasing function of time.
Indicate whether the statement is true or false