Using mampm propositions with corporate taxes and the


Using M&M propositions with corporate taxes and the following information, what is the value of the levered firm? NOI - $80,000; Corporate Taxes = 40%; the firm borrows $700,000 at a rate of 9%.

a. $775,555

b. $953,333

c. $635,522

d. $813,373

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Financial Management: Using mampm propositions with corporate taxes and the
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