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An all-equity company with a cost of capital of 9% expects its EBIT will be $270.000 every year forever. Assume all available amings are immediately

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An all-equity company with a cost of capital of 9% expects its EBIT will be $270.000 every year forever. Assume all available amings are immediately aistributed to common shareholders and all the M&M assumptions are satisfied except the company's corporate tax rate is 20% What is the value of the company according to MGM Proposition with Do not round intermediate calculations. Round the final answer 10 2 decimal places. Omit any commas and the sign in your response For example, an answer of S100050 should be entered as 1000.50

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