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Simone's Sweets is an all-equity firm that has 5,600 shares of stock outstanding at a market price of $15 per share. The firm's management has
Simone's Sweets is an all-equity firm that has 5,600 shares of stock outstanding at a market price of $15 per share. The firm's management has decided to issue $44,000 worth of debt at an interest rat...
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