Business
Business, 06.11.2019 07:31, gloriahope3017

12. corporate debt. haricot corp. and pinto corp. both have profits of $100 million. haricot is financed solely by equity, while pinto has issued $150 million of 8% debt. if the corporate tax rate is 35%:
(a) how much tax does each company pay?
(b) what is the total payout to investors (debtholders plus shareholders) of each company?

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12. corporate debt. haricot corp. and pinto corp. both have profits of $100 million. haricot is fina...

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