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A firm is expected to generate sales of $400,000 per year for the foreseeable future. Also, the annual cost of goods sold and interest expense

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A firm is expected to generate sales of $400,000 per year for the foreseeable future. Also, the annual cost of goods sold and interest expense will be $150,000 and $25,000, respectively. The firm's market debt-equity ratio is 60% and its levered cost of equity is 16%. Assuming a corporate tax rate of 23%, what is the value of the entire firm according to the FTE approach? $649.687.50 O $1,347,500.00 O $1,732,500.00 $1,082,812.50 $2,250,000.00

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