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A firm has a market value of $100 Million; It has total debt of $30 Million and equity of $70 Million. Tax rate of 24%.
A firm has a market value of $100 Million; It has total debt of $30 Million and equity of $70 Million. Tax rate of 24%. Calculate the proportion of debt and equity used by the firm. 40% debt and 60% equity 30% debt and 70% equity 50% debt and 50% equity 70% debt and 30% equity
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