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A company uses no debt in its capital structure. The company's weight average cost of capital is 6 percent. The company's current market value of
A company uses no debt in its capital structure. The company's weight average cost of capital is 6 percent. The company's current market value of equity is $13,000. There are no taxes. The company's earnings before interest and taxes is a constant amount each year forever. What is the company's earnings before interest and taxes? Enter your answer in the box shown below as dollars with 2 digits to the right of the decimal point
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