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ABC Company is an all-equity firm with a market value of $196,485. The company can borrow...

ABC Company is an all-equity firm with a market value of $196,485. The company can borrow money at 9.9%. If the company borrows $21,430, what is the new value of the firm? Assume a tax rate of 17.2%. Enter your answer rounded off to two decimal points. Do not enter $ in the answer box.

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