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15. Nasuki Tea has debt with a market value of $2,200. The cost of debt is 7.5 percent. Nasuki Tea has expected earnings before interest
15. Nasuki Tea has debt with a market value of $2,200. The cost of debt is 7.5 percent. Nasuki Tea has expected earnings before interest and taxes of $3,800. Its unlevered cost of capital is 14.5 percent and its tax rate is 35 percent. Nasuki Teas unlevered firm value is
A. $15,604.48.
B. $17,804.48.
C. $17,034.48.
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