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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 be?
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To calculate the new market value of the company following the new debt and project we first need to ...
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Fundamentals of corporate finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
9th edition
978-0077459451, 77459458, 978-1259027628, 1259027627, 978-0073382395
