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Milton forecasts annual free cash flow of 9.9 million euros. His tax rate is 35%; its cost of capital to zero debt is 15%. Milton
Milton forecasts annual free cash flow of 9.9 million euros. His tax rate is 35%; its cost of capital to zero debt is 15%. Milton is in debt to the tune of 23 0 million euros and wants to maintain its constant debt. Which is Milton's value in the presence of indebtedness?
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