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Company J is debt-free and has a weighted average cost of capital of 12.7%. The current market value of the equity is $2.8 million and
Company J is debt-free and has a weighted average cost of capital of 12.7%. The current market value of the equity is $2.8 million and there are no taxes. According to MM proposition.
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
8th Edition
1260247848, 978-1260247848
