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Riojas, Incorporated, is an all-equity firm with a weighted average cost of capital of 13.3 percent. The current market value of its equity is $4.2

Riojas, Incorporated, is an all-equity firm with a weighted average cost of capital of 13.3 percent. The current market value of its equity is $4.2 million Assume there are no taxes. According to MSM Proposition I, what will be the value of the company if it changes to a debt-equity ratio of 627

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