Assume that the corporate tax rate is tc 30 the equity
Question: Assume that the corporate tax rate is TC = 30%, the equity income tax rate is TE = 10%. What is the ordinary income tax rate TD for which an investor will be indifferent between choosing a personal loan or a loan using a firm?
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question assume that the corporate tax rate is tc 30 the equity income tax rate is te 10 what is the ordinary income
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