for all the question its either increase,decrease or remian unchanged thanks

Identify the relevant changes resulting from the following independent scenarios. Focus on capital structure effects only and ignore any other indirect effects on the business. a) Firm X takes out a loan to repurchase shares. Assume that all Modigliani and Miller assumptions hold. (2 Marks) Firm value will: Cost of equity will: . The present value of tax shields will: c) The corporate tax rate suddenly increases by a material amount. Assume no information or transaction costs. Consider the resulting capital structure effects only. (2 Marks) Firm value will: Cost of equity will: Weighted average cost of capital will: . The present value of tax shields will