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ABC has the following: Borrowing rate of 5% Cost of equity of 22% Corporate tax rate of 33% Book value of debt = $630,000 Book
ABC has the following: Borrowing rate of 5% Cost of equity of 22% Corporate tax rate of 33% Book value of debt = $630,000 Book value of equity = $1,250,000 Market value of debt = $630,000 Market value...
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