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A company has UCFBT = 10 million in perpetuity and end of one year Debt = 20 million Rb= 5% Tax rate is 50% R0=
A company has UCFBT = 10 million in perpetuity and end of one year
Debt = 20 million Rb= 5% Tax rate is 50% R0= 10%
Debt is fully authorize over three years in three equal payments
what is the value of this company?
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