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Given the following information, leverage will add how much value to the unlevered firm per dollar of debt? (Approximately) Corporate tax rate: 34% Personal tax

Given the following information, leverage will add how much value to the unlevered firm per dollar of debt? (Approximately) Corporate tax rate: 34% Personal tax rate on income from bonds: 30% Personal tax rate on income from stocks: 20% A. $0.66 B. $0.25 C. -$0.66 D. -$0.34

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