Question: Please answer the question with Very Detailed Steps only. XYZ company stock value is 6M Debt is 4M stock beta is 1.5 risk premium rate

Please answer the question with Very Detailed Steps only. XYZ company stock value is 6M Debt is 4M stock beta is 1.5 risk premium rate is 9% risk free (Treasury) rate is 8% cost of debt equals the risk free rate

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