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assume there are no taxes. a. If the firm chooses not to develop the land, what is the value of the firm's equity today? What
assume there are no taxes. a. If the firm chooses not to develop the land, what is the value of the firm's equity today? What is the value of the debt today? b. What is the NPV of developing the land? d. Given your answer to part (c), would equity holders be willing to provide the $20.2 million needed to develop the land
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