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QUESTION 6 Assuming no market imperfections or taxes, a firm has $4,000,000 in equity outstanding and $3,000,000 in debt. The firm plans to issue another

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QUESTION 6 Assuming no market imperfections or taxes, a firm has $4,000,000 in equity outstanding and $3,000,000 in debt. The firm plans to issue another $2,000,000 of equity and use all the proceeds to buyback debt. What will be the new total market value of the firm? O $6,000,000 O $7,000,000 $9,000,000 O None of the above. O Insufficient information to determine

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