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The current value of a firm is $492,150 and it is 100% equity financed. The firm is considering restructuring so that it is 17% debt
The current value of a firm is $492,150 and it is 100% equity financed. The firm is considering restructuring so that it is 17% debt financed. If the firm's corporate tax rate is 30%, what will be the new value of the firm under the MM theory with corporate taxes but no possibility of bankruptcy.
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