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Business, 21.08.2019 04:30 Teddybearnerd

Shoe box stores is currently an all-equity firm with 28,000 shares of stock outstanding. management is considering changing the capital structure to 40 percent debt. the interest rate on the debt would be 9 percent. ignore taxes. jamie owns 300 shares of shoe box stores stock that is priced at $17 a share. what should jamie do if she prefers the all-equity structure but shoe box stores adopts the new capital structure

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Shoe box stores is currently an all-equity firm with 28,000 shares of stock outstanding. management...
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