Question: 29. Given the following information, leverage will add how much value to the unlevered firm per dollar of debt? Corporate tax rate: 35% Personal tax
29. Given the following information, leverage will add how much value to the unlevered firm per dollar of debt? Corporate tax rate: 35% Personal tax rate on income from bonds: 25% Personal tax rate on income from stocks: 30% A. $-0.625 B. $0.287 C. $0.393 D. $0.635 E. None of these
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