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You are given the information indicated below. Using the same procedure demonstrated in class (price changes in anticipation of the new level of debt), calculate
You are given the information indicated below. Using the same procedure demonstrated in class (price changes in anticipation of the new level of debt), calculate by how much the price of this firm's stock will change if it moves to $30,000 of debt and uses the proceeds to repurchase its equity. $4.03 +$1.31 +$0.89 $2.87 $0.21
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