Question: . Stonex Corp, whose tax rate is 38%, has two sources of funds: long-term debt with a market value of $6,500,000 and an interest rate

. Stonex Corp, whose tax rate is 38%, has two sources of funds: long-term debt with a market value of $6,500,000 and an interest rate of 9%, and equity capital with a market value of $18,000,000 and...

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