Therefore the current market value of Levered is V L B S V L 91000000 241500000

Therefore the current market value of levered is v l

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S 0 B 16- 14
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Chapter 16 - Capital Structure: Basic Concepts 0 B ] U ] B ] ] ) 16- 15
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Chapter 16 - Capital Structure: Basic Concepts 19.According to M&M Proposition I with taxes, the increase in the value of the company will be the S S
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