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Assuming no market imperfections or taxes, a firm has $4,000,000 in equity outstanding and $3,000,000 in debt. The firm plans to issue another $2,000,000 of

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Assuming no market imperfections or taxes, a firm has $4,000,000 in equity outstanding and $3,000,000 in debt. The firm plans to issue another $2,000,000 of equity and use all the proceeds to buyback debt. What will be the new total market value of the firm

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