a. What is the relationship between the value of an unlevered firm and the value of a
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a. What is the relationship between the value of an unlevered firm and the value of a levered firm once we consider the effect of corporate taxes?
b. If we consider only the effect of taxes, what is the optimal capital structure?
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Related Book For 
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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