Firm A with no debt has a value of $500 million. Firm B is identical to firm A in every way except that it has
Firm A with no debt has a value of $500 million. Firm B is identical to firm A in every way except that it has $100 million in debt. Under the Modigliani and Miller model with no taxes, the value of firm B is $______ million.
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Authors: Judith J. Baker, R.W. Baker
3rd Edition
076377894X, 978-0763778941
