NoNuns Cos. has a 30 percent tax rate and has $304,960,000 in assets, currently financed entirely with equity. Equity is worth $32 per share, and book value of equity is equal to market value of equity. Also, let’s assume that the firm’s expected values f

Business & Finance NoNuns Cos. has a 30 percent tax rate and has $304,960,000 in assets, currently financed entirely with equity. Equity is worth $32 per share, and book value of equity is equal to market value of equity. Also, let’s assume that the firm’s expected values f

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