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Assume the marginal corporate tax rate is 2 3 % . The firm currently has no debt in its capital structure. It is valued at
Assume the marginal corporate tax rate is The firm currently has no debt in its capital structure. It is valued at $ What would be the value of the firm if it issued $year debt with yieldtomaturity discount rate of and repurchased the same amount of equity? Assume M&M with Taxes
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