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3 pts Consider two firms, Firm X and Firm Y, that have identical assets that generate identical cash flows. Firm Y is an all-equity firm,

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3 pts Consider two firms, Firm X and Firm Y, that have identical assets that generate identical cash flows. Firm Y is an all-equity firm, with 1 million shares outstanding that trade for a price of $20 per share. Firm X has 2 million shares outstanding and $10 million in debt at an interest rate of 5%. According to MM Proposition I, the stock price for Firm X is closest to $12.00 O $6.00 $24.00 $5.00

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