= = You are an unlevered firm and are trying to decide whether to issue debt (and therefore become a levered firm). Assume the corporate income tax rate is 30% (i.e., Tc = 30%). In addition, the personal tax rate on debt income is 40% (Tp = 40%) and the personal tax rate on equity income is 20% (Tpe = 20%). Taking into account both corporate and personal taxes, and using the method discussed in class, is there a tax advantage or tax disadvantage for this unlevered firm to issuing debt and becoming a levered firm? O There is a tax advantage to issuing debt (i.e., the combined corporate and personal tax will be less for the levered firm). O There is a tax advantage to remaining unlevered (i.e., the combined corporate and personal tax will be less for the unlevered firm)