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(MM PROPOSITION I, WITH TAX) Gail??s DanceStudio is currently an all equity firm that has 80,000 shares ofstock outstanding with a market price of $42

(MM PROPOSITION I, WITH TAX) Gailâ??s DanceStudio is currently an all equity firm that has 80,000 shares ofstock outstanding with a market price of $42 a share. The currentcost of equity is 12% and 2 answers

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