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According to the case of Apple, Einhorn, and iPrefs , can I agree with Einhorn that the issuance of iPrefs will significantly increase shareholder value?

According to the case of Apple, Einhorn, and iPrefs, can I agree with Einhorn that the issuance of iPrefs will significantly increase shareholder value? Besides, will Apple's cost of capital will change and if so in which direction?

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