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Kolby Corp. is comparing two different capital structures. Plan I would result in 35,000 shares of stock and $100,500 in debt. Plan II would result
Kolby Corp. is comparing two different capital structures. Plan I would result in 35,000 shares of stock and $100,500 in debt. Plan II would result in 29,000 shares of stock and $301,500 in debt. The interest rate on the debt is 7 percent. |
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