An unlevered firm has a value of $800 million. An otherwise identical but levered firm has $60
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An unlevered firm has a value of $800 million. An otherwise identical but levered firm has $60 million in debt. Under the MM zero-tax model, what is the value of the levered firm?
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Related Book For 
Financial Management Theory And Practice
ISBN: 978-0176583057
3rd Canadian Edition
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
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