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Taunton's is an all-equity firm that has 154,500 shares of stock outstanding. The CFO is...

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Taunton's is an all-equity firm that has 154,500 shares of stock outstanding. The CFO is considering borrowing $275,000 at 8percent interest to repurchase 23,500 shares. Ignoring taxes, what is the value of the firm? Multiple Choice $1,807,979 $2,336,465 $2,066.261 $1,807979 $2,336,465 $2,066,261 $1,894,073 $2,225,205

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