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Firm A has a stock price of $7.0 and 5M shares outstanding. Additionally, you know that the company has publicly traded debt with a market
Firm A has a stock price of $7.0 and 5M shares outstanding. Additionally, you know that the company has publicly traded debt with a market value of $30 M. If the cost of debt for the company is 6.2% and the tax rate is 20%.
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Fundamentals of corporate finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
2nd Edition
978-0470933268, 470933267, 470876441, 978-0470876442
