Modigliani & Miller Approach : The Following information is available about Ashwini Limited: Net operating income =

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Modigliani & Miller Approach : The Following information is available about Ashwini Limited:

Net operating income = 15 Million

Tax Rate = 60 %

Debt Capital = 20 Million

Interest Rate on Debt Capital = 10 %

Capitalisation rate applicable to debt free firm in the risk class to which Ashwini limited belongs = 12 %

What should be the value of Ashwini Limited according to Modigliani & Miller ?

Posted Date: May 19, 2024 03:11 PM

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Modigliani & Miller Approach : The Following information is available about Ashwini Limited: Net operating income =

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