Axel Corporation is operating at its target capital structure with market values of $85.00 million in debt

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Axel Corporation is operating at its target capital structure with market values of $85.00 million in debt and $130.00 million in equity. Axel plans to finance a new $51.00 million project using the same relative weights of debt and equity. Ignoring flotation costs, how much new debt must be issued to finance the project?

Posted Date: May 19, 2024 03:17 PM

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Axel Corporation is operating at its target capital structure with market values of $85.00 million in debt

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