What is the value of the firm

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Reference no: EM133380191

Question: Fowler Wellness is an all-equity firm with 360,000 shares of stock outstanding. The company will borrow $1.8 million at 4.5 percent interest to repurchase 50,000 shares of the outstanding stock. Assume there are no taxes. What is the value of the firm?

Reference no: EM133380191

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