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MM Model with Zero Taxes An unlevered firm has a value of $550 million. An...

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Finance

MM Model with Zero Taxes

An unlevered firm has a value of $550 million. An otherwise identical but levered firm has $150 million in debt. Under the MM zero-tax model, what is the value of the levered firm? Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10.55. Round your answer to the nearest whole number.

$ million

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