PMF, Inc. is equally likely to have EBIT this coming year of $16 million, $22 million, or $28 million. Its corporate tax rate is 30%, and investors pay a 15% tax rate on income from equity and a 40% tax rate on interest income. a. What is the effective tax advantage of debt if PMF has interest expenses of $13 million this coming year? b. What is the effective tax advantage of debt for interest expenses in excess of $28 million? (Ignore carryforwards). c. What is the expected effective tax advantage of debt for interest expenses between $16 million and $22 million? (lgnore carryforwards) d. What level of interest expense provides PMF with the greatest tax benefit? a. What is the effective tax advantage of debt if PMF has interest expenses of $13 million this coming year? If PMF has interest expenses of $13 million this coming year, the effective tax advantage is Round to one decimal place)