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Mayo Corporation Malaysia is currently trading at $30 per share. There are 10 million shares outstanding, and the company has no debt. You believe that

Mayo Corporation Malaysia is currently trading at $30 per share. There are 10 million shares outstanding, and the company has no debt. You believe that the value of the company would increase by 50% if the management were replaced. Calculate how much you would gain from acquiring 50% of Mayo's shares by borrowing, attaching the debt to the company and replacing the management. (16 Marks)

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