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2. Vatsug, Inc. is an unlevered firm that has 50,000 shares outstanding, each priced at $40. The firm decides to immediately burrnw $1,000,000 for 10

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2. Vatsug, Inc. is an unlevered firm that has 50,000 shares outstanding, each priced at $40. The firm decides to immediately burrnw $1,000,000 for 10 years at a 6% interest rate. Assuming a marginal tax rate [If 34%, what is your estimate of Vatsug's value as a levered firm

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