How to pronounce“disfavors”in English
nounIPA/dɪsfævɒrs/
Syllablesdis·fa·vors
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3:58
very clear. What are the private cost to have more equity?
Well the tax code, basically disfavors equity favors debt financing. There is no doubt about that. The government
makes debt cheap through implicit guarantees, the two big failed subsidies perhaps under priced deposit insurance, various things of that sort that favors debt over equity.
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