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17. Luois International has an EBIT of $2 million, debt with a market value of $3 Million and a required return on assets of 11%.
17. Luois International has an EBIT of $2 million, debt with a market value of $3 Million and a required return on assets of 11%. Assuming a corporate tax rate of 40%, what is firm's value? a. $27,272,727 b. $10,909,091 c. $ 9,090,909 d. $19,381,818
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