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26. Pewter and Glass is an all equity firm that has 80,000 shares of stocks outstanding. The company is in the process of borrowing $600,000
26. Pewter and Glass is an all equity firm that has 80,000 shares of stocks outstanding. The company is in the process of borrowing $600,000 at 9 percent interest rate. The current market price per share is $25. What is the value of this firm if you ignore taxes? (1 Point) $80,200 $2,150,000 $1,400,000 56.080.000 None of the above
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