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Hill Corp is operating in a country Z where the corporate tax is 40%, personal income tax on bond investment is 30% while the personal

Hill Corp is operating in a country Z where the corporate tax is 40%, personal income tax on bond investment is 30% while the personal tax on stock is 15%. If Hill currently has $4 million total market value of debt financing, what would be the value of the company of Hill Corp in this country Z? Assume the market value of Hill Corp with no financial leverage is $15 million.

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