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Suppose Firm A wants to invest in a project that has total present value equal to $ 5 0 , 0 0 0 . Using

Suppose Firm A wants to invest in a project that has total present value equal to $50,000. Using MM propositions with taxes, and assuming that the corporate tax rate is 40%, what would be the total value of Firm A (value of assets) if it used equity to finance the project?

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