Question: For a levered firm, all else equal, an increase in a firm's tax rate from 15% to 40% would result in: Group of answer choices

For a levered firm, all else equal, an increase in a firm's tax rate from 15% to 40% would result in: Group of answer choices a decrease in the after-tax cost of debt and a decrease in the cost of equity. an increase in the after-tax cost of debt and an increase in the cost of equity. an increase in the after-tax cost of debt but a decrease in the cost of equity. a decrease in the after-tax cost of debt but an increase in the cost of equity

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