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Business, 26.10.2020 16:40 ashleyann9549

Thompson & Thomson is an all equity firm that has 500,000 shares of stock outstanding. The company is in the process of borrowing $8 million at 9% interest to repurchase 200,000 shares of the outstanding stock. What is the value of this firm if you ignore taxes?

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Thompson & Thomson is an all equity firm that has 500,000 shares of stock outstanding. The compa...

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