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Suppose Omega Industries and Alpha Technology have identical assets that generate identical cash flows. Omega Industries is an all-equity firm, with 20 million shares outstanding

Suppose Omega Industries and Alpha Technology have identical assets that generate identical cash flows. Omega Industries is an all-equity firm, with 20 million shares outstanding that trade for a price of $15 per share. Alpha Technology has 40 million shares outstanding as well as debt of $60 million.

In the perfect world (no taxes, etc.), what is the stock price for Alpha Technology?

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