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Neal Enterprises has no debt. Its current total value is $74 million. Assume debt proceeds are used to repurchase equity.
A) Ignoring taxes, what will the company’s value be if it sells $34 million in debt?
Value of the Firm:
B) Suppose now that the company’s tax rate is 35 percent. What will its overall value be if it sells $34 million in debt?
CSL is a chain of computer service stores. At the beginning of January, 50 skilled technicians work for CSL. Each skilled technician can work up to 160 hours per month. To meet future demands, new technicians must be trained. It takes 1 month to trai..
dr. n. mohamudally 12.00 question 1 normal 0 false false false en-in x-none x-none
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