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Garnet, Inc., has a target debt-equity ratio of 0.63. Its WACC is 11.8 %, and the tax rate is 31% If you know that the after-
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Answer #1

1.
=(11.8%-0.63/1.63*6%*(1-31%))/(1/1.63)=0.166258

2.
=-1760000+332090/17%*(1-1/1.17^10)=-212924.321265981

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