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Assume that M&M's 1963 theory with tax holds. Assume also a 21% corporate tax rate. The beta of its equity is 1.6, the risk free
Assume that M&M's 1963 theory with tax holds. Assume also a 21% corporate tax rate. The beta of its equity is 1.6, the risk free intrest rate is 4%, and the market risk premium is 7%. the bonds ar...
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