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The company is an all-equity firm with 15 million shares of common stock outstanding with $32.50 per share. The company decide to issue 100 million
The company is an all-equity firm with 15 million shares of common stock outstanding with $32.50 per share. The company decide to issue 100 million debt to issue a project that has a NPV of 20 million. What will the market value will be?
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