[Solved] 9. Sask Inc has perpetual before-tax cash

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9. Sask Inc has perpetual before-tax cash flows of $22,000 The corporate tax rate is 25%. The firm has a debt-to-equity ratio of 0.8, a

9. Sask Inc has perpetual before-tax cash flows of $22,000 The corporate tax rate is 25%. The firm has a debt-to-equity ratio of 0.8, a WACC of 10%, and the cost of debt is 9.5%. What would be the firm's value if it had no debt? (10 marks)

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