+1 4853618276 support@regentessays.com

The Maxwell Company is financed entirely with equity. The company is considering a loan of 1.4 million. The loan will be repaid in equal installments over the next two years and it has an 8% interest rate. the company’s tax rate is 35%. According to MM Prop I with taxes, what would be the increase in the value of the company after the loan?