13.7. Apply the APV method. First, compute the value of the unlevered assets of the Hughes acquisition.
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13.7. Apply the APV method. First, compute the value of the unlevered assets of the Hughes acquisition.
Next, compute the present value of the tax shield.
Finally, add the two numbers.
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Related Book For
Financial Markets And Corporate Strategy
ISBN: 9780071157612
2nd Edition
Authors: Mark Grinblatt, Sheridan Titman
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