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From the following data, calculate the total market value of the firm. Earnings before interest = $0.1 million, D = $0.2 million, interest on debt
From the following data, calculate the total market value of the firm. Earnings before interest = $0.1 million, D = $0.2 million, interest on debt = 10% p.a., cost of equity capital = 20%, the dividend payout ratio = 0.5, and assume no taxes
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