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Consider the following information for Federated Junkyards of America. . Debt: $65,000,000 book value outstanding. The debt is trading at 86% of book value. The

Consider the following information for Federated Junkyards of America. . Debt: $65,000,000 book value outstanding. The debt is trading at 86% of book value. The yield to maturity is 9%. . Equity: 1,50...

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