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A firm has 2.25 million shares of common stock outstanding with a market price of $20 per share. It has 25,000 bonds outstanding, each selling
A firm has 2.25 million shares of common stock outstanding with a market price of $20 per share. It has 25,000 bonds outstanding, each selling for $1,100. The bonds mature in 12 years, have a coupon r...
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