a. What is the relative tox advantage of corporate debt if the corporate tax rate is c=0.24, the personal tax rate is Tp=0.12, but all equity income is received as capital gains and escapes tax entirely (Tpt=0) ? (Do not round intermediate calculations, Round your answer to 4 decimal places.) b. How does the relotive tox advantage change if the company decides to pay out all equity income as cash cividends that are taxed. at 282 ? (Do not round intermediate calculations. Round your answer to 4 decimal places.)