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A corporation has an unleveraged value of 3,000,000 and debt 900,000. If the company is subject to a corporate tax rate of 30% and investors
A corporation has an unleveraged value of 3,000,000 and debt 900,000. If the company is subject to a corporate tax rate of 30% and investors in the company are subject to a tax rate of 20% on equity income and 15% on debt income, what is the companies value?
Round answer to the whole number
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