a company will generate forever a before-tax cash flow of $15. the corporate tax rate is 50%.
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a company will generate forever a before-tax cash flow of $15. the corporate tax rate is 50%. the risk-free rate is 10%.
Value the firm if it issues a perpetual bond with coupon $5.
Related Book For
Corporate Finance
ISBN: 9781265533199
13th International Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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