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i have 20 min i need asap pls The shareholders of CompanyC are concerned that the company has taken on too much debt and have
i have 20 min i need asap pls
The shareholders of CompanyC are concerned that the company has taken on too much debt and have come to you for advice. The company's unleveraged value is $8,000000, and it recently borrowed $3,000000 In the event that the company ooes bankupt, bankuptcy costs have been estimated at $900000 if the probabilaty of bankiuptcy is 25% and the compairy parys tax ot 35% calculate the value of the firm and advise the shareholders accordingly Step by Step Solution
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