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PLEASE EXPLAIN THE FORMULA AND SOLVE. A company has an un-leveraged value of 5,000,000 and debt 600,000.If the company is subject to a corporate tax

PLEASE EXPLAIN THE FORMULA AND SOLVE.

A company has an un-leveraged value of 5,000,000 and debt 600,000.If the company is subject to a corporate tax rate of 0.50, and investors in the company are subject to a tax rate of 0.30 on equity income and 0.10 on debt income, what is the company's value?

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