a. What is the relative tax advantage of corporate debt if the corporate tax rate is 1 = 0.21, the personal tax rate is 1p=0.22but all equity income is received as capital gains and escapes tax entirely type - 0)? (Do not round intermediate calculations. Round your answer to 4 decimal places.) Relative tax advantage b. How does the relative tax advantage change if the company decides to pay out all equity income as cash dividends that are taxed ot 20%? (Do not round Intermediate calculations, Round your answer to 4 decimal places.) Relative tax advantage