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The current value of a firm is 638,500 dollars and it is 100% equity financed. The firm is considering restructuring so that it is 40%

The current value of a firm is 638,500 dollars and it is 100% equity financed. The firm is considering restructuring so that it is 40% debt financed.If the firm's corporate tax rate is 0.6, 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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