Question 20 25 pts Assume the current corporate income tax rate is 35%. If the rate were increased to 50%, the after-tax cost of debt would decrease. All else equal, would firms issue more or less debt as opposed to equity? With this shift in capital structure, what would happen to the cost of equity (re) Firme issue less debt re decreases Firms issue less debtre increases Firme more debtre decreases Fit more detitre increases