Question: This answer will get multiple thumbs up if correct. Keep your answer till 4 decimal places DIY is an unlevered firm that has 5,198 shares

This answer will get multiple thumbs up if correct.

Keep your answer till 4 decimal places

DIY is an unlevered firm that has 5,198 shares outstanding. The corporate tax rate is 28%. It is now considering borrowing $8,479 at 6.9% interest to repurchase 1,292 shares. Calculate the value of this unlevered firm.

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