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The Sandhill Corporation is currently valued at $ 1 , 1 0 0 million, but management wants to completely pay off its perpetual debt of
The Sandhill Corporation is currently valued at $ million, but management wants to completely pay off its perpetual debt of $ million. Sandhill is subject to a percent marginal tax rate. If Sandhill pays off its debt, what will the total value of its equity beEnter answer in millions. Total value of equity million
The Sandhill Corporation is currently valued at $
million, but management wants to completely pay off its
perpetual debt of $ million. Sandhill is subject to a
percent marginal tax rate. If Sandhill pays off its debt,
what will the total value of its equity beEnter answer
in millions.
Total value
of equity
million
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