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Suppose you are examining RingCorp and see the following information. It has $ 1 3 million in debt, a 2 1 % marginal corporate tax
Suppose you are examining RingCorp and see the following information. It has $ million in debt, a marginal corporate tax rate, a pretax cost of debt funding of and a cost of equity funding of The equity to value ratio is What is the weighted cost of capital? What is the firm's value?
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