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ABC stores has a debt with market value is Rs 319000. The firms equity had a market value of 684000. The tax rate is 21%
ABC stores has a debt with market value is Rs 319000. The firms equity had a market value of 684000. The tax rate is 21% of the cost of capital is 11.2%. What is the market value of the firm based on MM proposition 1 without taxes
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Investments
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
6th Edition
8120321014, 978-8120321014
