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Mitra Corporation is currently all equity financed and has a value of $100 million Investors currently require a return of 15,80 percent on common stock

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Mitra Corporation is currently all equity financed and has a value of $100 million Investors currently require a return of 15,80 percent on common stock Mitra pays no taxes. Mitra plans to issue $15 million of debt with a return of 5.6 percent and use the proceeds to repurchase common stock What will be the value of the firm after the debt issue? Please state your answer in millons Enter your response below Number milion This question has 4 parts, so you will be clicking verily 4 times Section Attempt 1 of 1 Verify

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