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Emily Corp. is an unlevered firm with a market value of $ 4 5 million. The firm has a tax rate of 3 5 %
Emily Corp. is an unlevered firm with a market value of $ million. The firm has a tax rate of The firm plans to replace $ million of its equity with $ million of debt at an interest rate of The debt will be held for the next years only. What would be the value of the levered firm if it goes ahead with this plan?
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