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Daytime Publishing Company (DPC) has $2,500,000 in excess cash.The firm plans to use this cash either to retire all of itsoutstanding debt or to repurchase

Daytime Publishing Company (DPC) has $2,500,000 in excess cash.The firm plans to use this cash either to retire all of itsoutstanding debt or to repurchase equity. Once DPC becomes anall-equity fir 2 answers

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