Assume the marginal corporate tax rate is 30%. The firm has no debt in its...
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Assume the marginal corporate tax rate is 30%. The firm has no debt in its capital structure and is currently valued at $120 million. What would be the value of the firm if it issued $50 million in perpetual debt and repurchased the same amount of equity? O $70 million O $105 million O $135 million O $170 million
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