In the last corp finance question (q #30 afternoon mock), it asked to calculate net accounting income using 40% debt in the cap structure – in the solution, it says to calculate the interest expense by multiplying: (1/2 * initial outlay * YTM on debt) Should it be 40% instead of 1/2? Also, you don’t add back depreciation since it’s accounting income, but for economic income you would add back depreciation expense, right?