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NoNuns Cos. has a 25 percent tax rate and has $346.80 million in assets, currently financed entirely with equity. Equity is worth $34 per share,

NoNuns Cos. has a 25 percent tax rate and has $346.80 million in assets, currently financed entirely with equity. Equity is worth $34 per share, and book value of equity is equal to market value of equity. Also, let

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