An unlevered firm has a value of 525 million an otherwise


An unlevered firm has a value of $525 million. An otherwise identical but levered firm has $50 million in debt. Under the MM zero-tax model, what is the value of the levered firm? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000.

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Financial Management: An unlevered firm has a value of 525 million an otherwise
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