Which of the following statements accurately describes characteristics of the measure (which is the proportion of corporate tax claimed by shareholders) in the context of calculating the effective corporate tax rate (te)? Group of answer choices(a) Higher levels of imply a greater tax advantage associated with interest tax shields. (b) A company that has a higher proportion of resident investors would all other things being equal be expected to have a higher value of . (c) Under a pure classical tax system, where all distributed profits are effectively double-taxed, is effectively equal to 1. (d) More than one of the above statements are correct. (e) None of the above statements are correct.