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On January 1 , the total market value of the Tysseland Company was $ 6 0 million. During the year, the company plans to raise

On January 1, the total market value of the Tysseland Company was $60 million. During the year, the company plans to raise and invest $10 million in new projects. The firm's present market value capital structure, shown below, is considered to be optimal. Assume that there is no short-term debt.
\table[[Debt,$30,000,000
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