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47. Suppose you have the following information for the Vanilla Bean company for 2021: - Required Return on Equity of 10.00%. - Tax Rate of

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47. Suppose you have the following information for the Vanilla Bean company for 2021: - Required Return on Equity of 10.00%. - Tax Rate of 30%. - Cost of Debt of 7.00\%. - Book Value of Equity of $15 billion. - Long-Term Debt of $5 billion. The firm's Risk Adjusted Opportunity Cost of Capital (RAOCC) is A. 14.00% B. 13.50% C. 8.75% D. 8.50% 48. Vanilla Bean company also reports for 2021 : - Operating Profit of $4 billion. - Taxes of $120 million. Vanilla Bean's NOPAT is , and its ROIC is A. $2 billion; 20% (B. $3.88 billion; 19.40% C. $1.5 billion; 24.50% D. $2 billion; 8.75%. 49. The Vanilla Bean company's Economic Value Added (EVA) is A. $5.34 billion B. $3.88 billion C. \$2.12 billion D. $4.08 billion. 50. From a stockholder's perspectivea firm with exceptional growth opportunities, where the ROIC on new investments significantly exceeds the ROACC on the new investments should A. Increase its dividend payout ratio. B. Maintain its current dividend payout ratio. C. Lower its dividend payout ratio. D. None of the above

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