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24 FINANCE QUESTION Cede & Co. expects its EBIT to be $83,929 every year forever. The firm can borrow at 11%. Cede currently has no

24 FINANCE QUESTION Cede & Co. expects its EBIT to be $83,929 every year forever. The firm can borrow at 11%. Cede currently has no debt, and its cost of equity is 23%. The tax rate is 34%. What i...

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