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Problem 1 6 - 2 1 Taxes and the Cost of Capital ( LO 2 ) Here are book - and market - value balance

Problem 16-21 Taxes and the Cost of Capital (LO2)
Here are book- and market-value balance sheets of the United Frypan Company (figures in $ millions):
\table[[Book-Value,Balance S,Sheet,],[Net working capital,$70,Debt,$60
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