Tesla has 1 billion shares outstanding with a share price of $100. Initially, it has no debt. Tesla borrows $20 billion permanent debt and uses the borrowed cash to repurchase shares. The corporate tax rate is 25%. a. What is the present value of the tax shield from the leveraged recap? b. What is Tesla's stock price after the leveraged recap? c. How many shares can Tesla repurchase? For question c. and d., assume in addition to corporate tax, the tax on interest income is 35% and tax on equity income is 20%. d. What is the effective tax advantage of debt? e. What is Tesla's stock price after the leveraged recap