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Suppose a firm is 100% equity. There are 10000 shares outstanding and each share sells for $5. If the firm faces a corporate tax rate
Suppose a firm is 100% equity. There are 10000 shares outstanding and each share sells for $5. If the firm faces a corporate tax rate of 30%, what will the value of the firm be if they sell $5000 worth of bonds and buy back stock with the $5000 cash? (Explain more please)
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Financial Management For Nurse Managers And Executives
Authors: Cheryl Jones, Steven A. Finkler, Christine T. Kovner
4th Edition
