Question: 1) Please explain the difference between unlevered equity and levered equity in detail. (levered equity= debt+equity)(unlevered equity= 100%equity) 2) Please explain what the interest tax

1) Please explain the difference between unlevered equity and levered equity in detail. (levered equity= debt+equity)(unlevered equity= 100%equity)

2) Please explain what the interest tax shield is an what are the assumptions behind it in detail.

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