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6- A firm with no debt has 225,000 shares outstanding valued at $18.5 each. Its cost of equity is 12%. The firm is considering adding

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6- A firm with no debt has 225,000 shares outstanding valued at $18.5 each. Its cost of equity is 12%. The firm is considering adding si million in debt to its capital structure. The firm's tax rate is 31%. How much will the firm be worth after adding the debt? A) $4,025,500 B) $4,275,000 C) $4,340,000 D) $4,472,500 E) $4,625,500

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