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What is the debt-to-equity ratio of the company

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"Firm C is an unlevered firm with a market value of 6 million. The company plans to restructure itself by issuing 3 million worth of bonds, using the proceeds to repurchase stock. If the corporate tax rate is 20%, what is the debt-to-equity ratio of the company after the capital restructuring?"

Reference no: EM132077388

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