Question: Use the table for the question(s) below. Consider the following historical top federal tax rates in the United States: In 2000 , assuming an average
Use the table for the question(s) below. Consider the following historical top federal tax rates in the United States: In 2000 , assuming an average dividend payout ratio of 50%, the effective tax advantage for debt (t) was closest to: 24%. 18%. 30%. 40%
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