Question: Consider the followingformula: * = 1 i 1c1 e 1 i The term * is: Question content area bottom Part 1 A. the effective corporate

Consider the followingformula:

*

= 1i1c1e1i

The term

*

is:

Question content area bottom

Part 1

A.

the effective corporate tax rate on income.

B.

the effective tax advantage of debt.

C.

the effective personal tax rate on equity.

D.

the effective personal tax rate on interest income.

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