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A company is currently unlevered and has EBIT of $ 6 0 0 million per year and Equity of $ 2 billion. If they want

A company is currently unlevered and has EBIT of $600 million per year and Equity of $2 billion. If they want to move to a 1:1 debt to equity ratio how much debt do they need to add? If their corporate tax rate is 25% and they pay 4% interest on the new debt, what is their return on equity (ROE)

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