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2. Home Value has operating income (EBIT) of $7,300,000 The company's depreciation expense is $980,000, its interest expense is $1,300,000, and its income tax rate

2. Home Value has operating income (EBIT) of $7,300,000 The company's depreciation expense is $980,000, its interest expense is $1,300,000, and its income tax rate is 40%. Assume the firm has no amortization expense. What is its net income

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