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investment funded by debt: It issues 10 yr bonds to fund its investment. The bonds have a yield of 0.07. The amount raised using these

investment funded by debt: It issues 10 yr bonds to fund its investment. The bonds have a yield of 0.07. The amount raised using these bonds is $1,070. In the 0.29 tax bracket. By what amount does this bond issuance increase the value of the firm?

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