Frostbite Thermalwear has a zero coupon bond issue outstanding with a face value of $30,000 that matures in one year. The current market value of the firm’s assets is $36,400. The standard deviation of the return on the firm’s assets is 53 percent per year, and the annual risk-free rate is 5 percent per year, compounded continuously. Based on the Black–Scholes model, what is the market value of the firm’s equity and debt? What is the firm’s continuously compounded (pre-tax) cost of debt?

The present tax income is much better than eliminating it all. For some, only a few, think it would be better to eliminate it all. But that would affect everyone else in a bad way. Think of it like this, if the government is able to find a way to make dealing with taxes easier for everyone, they would have done it by now. Tariffs are to protect newly established domestic industries from foreign competition. Our money helps protect our goods. If we lower or even eliminate taxes, we have more of a likely chance of something bad happening.

Explanation:

This is just only one opinion though.

If you have any questions feel free to ask in the comments.

Also when you have the chance please mark me brainliest :D