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A firm has a tax rate of 35%, an unlevered rate of return of 12%, total debt of $2,000, and an EBIT of $400.00. What
A firm has a tax rate of 35%, an unlevered rate of return of 12%, total debt of $2,000, and an EBIT of $400.00. What is the unlevered value of the firm?
a. $393
b. $27
c. $2,143
d. $1,857
e. $2,167
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