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Business, 24.12.2019 23:31 osirisarellane3792

Use mm proposition i to find the price per share. byrd corporation is comparing two different capital structures, an all-equity plan (plan i) and a levered plan (plan ii). under plan i, the company would have 200,000 shares of stock outstanding. under plan ii, there would be 150,000 shares of stock outstanding and $2.15 million in debt outstanding. the interest rate on the debt is 5 percent and there are no taxes.

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Use mm proposition i to find the price per share. byrd corporation is comparing two different capita...
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