Suppose a Miller equilibrium exists with corporate tax rate of 30% and personal tax rate on income from bonds of 35%. What is the personal tax rate on income from stocks?
A) 10.05%.
B) 7.1%.
C) 45.5%.
D) 0.0%.

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The Answer of Suppose a Miller equilibrium exists with corporate tax rate of 30% and personal tax rate on income from bonds of 35%. What is the personal tax rate on income from stocks?
A) 10.05%.
B) 7.1%.
C) 45.5%.
D) 0.0%.

Suppose a Miller Equilibrium Exists with Corporate Tax Rate of 30