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b. Now assumc that Mountain Springs issues 525 million of new debt without refunding the first issue. What would the stock price and ending number

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b. Now assumc that Mountain Springs issues 525 million of new debt without refunding the first issue. What would the stock price and ending number of shares be in this situation? ( Assume that the old and the new debt issues have the samne priority of claims. Also, remember that, if the firm has $50 million of debt in total, its cost of debt is 12 percent. so the new $25 million debt issue will have an interest rate of 12 percent and the old debt issue will bevr a required rate of return of 12 percent. )

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