Wrigley's Optimal Capital Structure Debt Ratio? $ Debt Unlevered firm value Tax Benefits from Debt Expected Bankruptcy Cost Levered Firm Value In millions of USD Adjusted Present Value 30% $3,943 $13,130 $1,577 $368 $14,340 20% $2,621 $12,795 $14,512 Cost of Capital 'D/(D+E) Wrigley's Optimal Capital Structure Debt Ratio? $ Debt Unlevered firm value Tax Benefits from Debt Expected Bankruptcy Cost Levered Firm Value In millions of USD Adjusted Present Value 30% $3,943 $13,130 $1,577 $368 $14,340 20% $2,621 $12,795 $14,512 Cost of Capital 'D/(D+E)