Taunton's is an all-equity firm that has 157,000 shares of stock outstanding. The CFO is considering borrowing $305,000 at 7 percent interest to repurchase 26,000 shares. Ignoring taxes, what is the value of the firm?   Multiple Choice $1,841,731 $1,929,432 $2,266,746 $2,380,083 $2,104,835

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Q: mase because the re e upon the repurch y time between an

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A: Company repurchases own shares by issue of new debt that is done to create value for shareholders.

Q: Does accounting dilution and/or market value dilution take place? Why?

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Q: provide answer correctly

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Q: Vijay

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