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Given the following information, how much value will be added to an unlevered firm per dollar of debt issued according to Miller (1977)? Corporate tax

Given the following information, how much value will be added to an unlevered firm per dollar of debt issued according to Miller (1977)? Corporate tax rate: 35% Personal tax rate on income from stocks: 20% Personal tax rate on income from bonds: 30% Approximately $0.74 Approximately $0.43 Approximately $0.14 Approximately $0.26

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