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. 10. Corporate Debt. Haricot Corp. and Pinto Corp. both have profits of $100 million. Haricot is financed solely by equity, while Pinto has issued
. 10. Corporate Debt. Haricot Corp. and Pinto Corp. both have profits of $100 million. Haricot is financed solely by equity, while Pinto has issued $150 million of 8% debt. If the corporate tax rate...
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