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According to M&M Proposition I with taxes, the firm value of Firm X will increase by $156, if the firm increases its debt value by

According to M&M Proposition I with taxes, the firm value of Firm X will increase by $156, if the firm increases its debt value by $520. According to M&M Proposition I, the firm value of Firm X will ___________, if the firm decreases its debt value by $100.

Increase by $70

Increase by $30

Decrease by $30

Decrease by $70

Not change

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