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According to M&M Proposition I with taxes, the value of a levered firm is equal to the value of the unlevered firm plus which one

According to M&M Proposition I with taxes, the value of a levered firm is equal to the value of the unlevered firm plus which one of the following?

current market value of the debt

par value of the debt

present value of the depreciation tax shield

present value of the interest tax shield

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