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question 80

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Use the information for the question(s)below.
You own your own firm and you need to raise $50 million to fund an expansion.Following the expansion,your firm will be worth $75 million in its unlevered form.You want to go ahead with the expansion,but you are concerned that you may not be able to maintain ownership of over 50% of your firm's equity.In other words,you are concerned that if you use equity to finance the expansion,you may lose control of your firm.
-Assume that capital markets are perfect except for the existence of corporate taxes and that your firm pays 35% of earnings in taxes.If you want to maintain ownership of at least 50%,then calculate the minimum amount of debt that you must issue to fund the expansion.

Recognize the importance of personal responsibility, growth, and self-actualization in humanistic psychology.
Understand the contributions of Abraham Maslow and Carl Rogers to humanistic psychology.
Identify the conditions that lead to flow experiences and peak experiences according to Csikszentmihalyi and Maslow.
Describe the significance of personal experience, unconditional positive regard, and empathy in the therapeutic process.

Definitions:

Lake

Body of fresh water, often classified by nutrient status, such as oligotrophic (nutrient-poor) or eutrophic (nutrient-rich).

Stream

A small, natural body of flowing fresh water, leading from one to another or into a larger body of water.

Worldwide Distribution

The global spread or availability of a product, service, or phenomenon across the world.

Altitude

The height of an object or point in relation to sea level or ground level.

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