The ABC company is unlevered (that means, it currently has no debt) and is valued...

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Accounting

The ABC company is unlevered (that means, it currently has no debt) and is valued at $389,295. There are currently 3,276 shares outstanding. Assume no taxes. ABC is currently deciding whether to include debt in its capital structure. If ABC repurchases 230 shares, what will be the value of debt in the new capital structure? round to three decimal points

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