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Tiffany also wants to know the value of the firm at $7,500,000 of debt according to the Modigliani-Miller with corporate taxes model and the Miller
Tiffany also wants to know the value of the firm at $7,500,000 of debt according to the Modigliani-Miller with corporate taxes model and the Miller model.
| EBIT | $ 12,000,000 | |
| No. of shares | 10,000,000 | |
| Debt Amount | Cost of Debt | Cost of Equity |
| $0 | 0.0% | 15.0% |
| $ 2,500,000 | 10.0% | 15.5% |
| $ 5,000,000 | 11.0% | 16.5% |
| $ 7,500,000 | 13.0% | 18.0% |
| $ 10,000,000 | 16.0% | 20.0% |
| $ 12,500,000 | 20.0% | 25.0% |
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Financial Sustainability In Public Administration Exploring The Concept Of Financial Health
Authors: Manuel Pedro Rodríguez Bolívar
1st Edition
3319579614, 3319579622, 9783319579610, 9783319579627
