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The current value of a firm is $303,490 and it is 100% equity financed. The firm is considering restructuring so that it is 18% debt

The current value of a firm is $303,490 and it is 100% equity financed. The firm is considering restructuring so that it is 18% debt financed.  If the firm's corporate tax rate is 35%, what will be the new value of the firm under the MM theory with corporate taxes but no possibility of bankruptcy.

Round to answer to two decimals.

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