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Gails Dance Studio is currently an all equity firm that has 80000 shares or stock outstanding with a market price of $42 a share The current cost or equerry is 12 and the tax rate is 34 is

Gail's Dance Studio is currently an all equity firm that has 80,000 shares or stock outstanding with a market price of $42 a share The current cost or equerry is 12% and the tax rate is 34% is considering adding $1 million of debt with a coupon rate of 8% to her capital structure The debt will be sold at par value. What s the levered value or me equerry? $27 million $3.3 million $3.7 million $3.9 million $2.4 million
 

Apr 05 2020 Read more Less More

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