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1) Corporation A expects an EBIT of $29,000,000 every year forever. The company currently has no debt and its cost of equity is 12%. The
1) Corporation A expects an EBIT of $29,000,000 every year forever. The company currently has no debt and its cost of equity is 12%. The tax rate is 45%. What is the value of the company? NOTE: Write ...
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Understanding Financial Statements
Authors: Lyn Fraser, Aileen Ormiston
11th edition
133874036, 978-0133874037
