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The current value of a firm is $48,056 and it is 100% equity financed. The firm is considering restructuring so that it is 11% debt
The current value of a firm is $48,056 and it is 100% equity financed. The firm is considering restructuring so that it is 11% debt financed. If the firm's corporate tax rate is 30%, what will be the new value of the firm under the MM theory without taxes, transactions costs, or the possibility of bankruptcy? Round the answer to two decimals
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Business And Personal Finance
Authors: McGraw-Hill
1st Edition
0078945801, 9780078945809
