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The current value of a corporation is $325,370 and it is 100% equity financed. The corporation is considering restructuring so that it is 30% debt

The current value of a corporation is $325,370 and it is 100% equity financed. The corporation is considering restructuring so that it is 30% debt financed. If the corporations corporate tax rate is 20%, what will be the new value of the corporation under the MM theory with corporate taxes but no possibility of bankruptcy.

Round to answer to two decimals.

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