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A company has a firm value of $970,000. Its current D/E ratio is 45%. The tax rate is 15%. What is the unlevered value of

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A company has a firm value of $970,000. Its current D/E ratio is 45%. The tax rate is 15%. What is the unlevered value of this firm? (Ignore personal taxes, costs of financial distress and assume EMH) A company has a firm value of $970,000. Its current D/E ratio is 45%. The tax rate is 15%. What is the unlevered value of this firm? (Ignore personal taxes, costs of financial distress and assume EMH)

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