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A company has an expected EBIT of $ 4 3 5 , 0 0 0 in perpetuity and a tax rate of 2 1 percent.
A company has an expected EBIT of $ in perpetuity and a tax rate of percent. The company has $ in outstanding debt at a pretax cost of debt of percent, and its unlevered cost of capital is percent. What is the value of the firm according to MM Proposition I with taxes?
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