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In terms of the value of an ulevered firm, Vu, Which of the following is true regarding MM proposition I? Vu in a world with

In terms of the value of an ulevered firm, Vu, Which of the following is true regarding MM proposition I?

		Vu in a world with taxes is going to be more than Vu in a world without taxes.
		Vu in a world with taxes is going to be less than Vu in a world without taxes.
		Vu in a world with taxes is going to be equal to Vu in a world without taxes.
		Vu in a world with taxes cannot be compared to Vu in a world without taxes.

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