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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

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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 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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