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A firm has no debt and a tax rate of 30%. Assume the firm takes on $238 in debt (and maintains that level indefinitely) at
A firm has no debt and a tax rate of 30%. Assume the firm takes on $238 in debt (and maintains that level indefinitely) at a rate of 4.1%. According to MM with corporate taxes (but excluding the possibility of bankruptcy), the total dollar amount of value added to the firm would be $_______ Do NOT round intermediate work. Round your final answer to 2 decimal places (ex: if your answer is 12.3456, enter 12.35). Margin of error for correct responses: +/-.05
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