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Consider a all-equity firm with 10M shares priced at $20 each. You have $1,000 to invest in the shares of this firm but you would
"Consider a all-equity firm with 10M shares priced at $20 each. You have $1,000 to invest in the shares of this firm but you would prefer if the firm had 30% leverage. How can you create an equivalent home-made leverage?"
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