it is said that 30% premium on the equity value in the question, but they have taken 30% premium on the total firm value / current value without deducting the debt why is that?
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nahara and fugae c0 ( dec 14)
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You can find lectures working through the whole of this question linked from this page:https://opentuition.com/acca/afm/afm-revision-lectures/ , which will explain your doubt.
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