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A levered firm has 500,000 shares outstanding with a stock price of $47.00 per share. The beta of the firm's equity is 1.24 and the

A levered firm has 500,000 shares outstanding with a stock price of $47.00 per share. The beta of the firm's equity is 1.24 and the market risk premium is 7 percent. The firm also has 20,000 bonds...

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