Question: How much will a firm need in cash flow before tax and interest to satisfy debtholders and equityholders if the tax rate is 30%, there
How much will a firm need in cash flow before tax and interest to satisfy debtholders and equityholders if the tax rate is 30%, there is $10,000,000 in common stock requiring a 12% return, and $6,000,000 in bonds requiring an 7% return? Round your answer to the nearest $1,000. An example answer would be 1.024,000
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