What will the value be if the company borrows 226000 and


Wolfgang can borrow at 11.75 percent. The company currently has no debt, and the cost of equity is 14.5 percent. The current value of the firm is $673,000. The corporate tax rate is 35 percent. What will the value be if the company borrows $226,000 and uses the proceeds to repurchase shares? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Value of the firm $

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Financial Management: What will the value be if the company borrows 226000 and
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