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Your debt-free firm has a total market value of $11,120,000. The firm is contemplating adding $7,375,000 of debt at an interest rate of 5% and

Your debt-free firm has a total market value of $11,120,000. The firm is contemplating adding $7,375,000 of debt at an interest rate of 5% and using the proceeds to buy back shares. What would be the ...

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