Severity: Warning
Message: fopen(/home/solutionspile.com/public_html/system/sessions/ci_session0j4g7qt0qmftoejllfcrorvr11cti0ik): failed to open stream: No space left on device
Filename: drivers/Session_files_driver.php
Line Number: 176
Backtrace:
File: /home/solutionspile.com/public_html/index.php
Line: 367
Function: require_once
Severity: Warning
Message: session_start(): Failed to read session data: user (path: /home/solutionspile.com/public_html/system/sessions)
Filename: Session/Session.php
Line Number: 143
Backtrace:
File: /home/solutionspile.com/public_html/index.php
Line: 367
Function: require_once
2. What is the value of Tax Advantage of Debt given the following information? The corporate tax is 35%; personal tax on equity is 15% and personal tax on debt is 20% Based on your answer, whether the company can go for raising debt or not. (b) Assuming, the firm borrows 300 million rupees, how much is the tax benefit based on the above computations