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An un - levered firm, Toronto Maple Leaf, a fantasy hockey team for hockey fans that have dreams, has EBIT of $ 5 5 ,

An un-levered firm, Toronto Maple Leaf, a fantasy hockey team for hockey fans that have dreams, has EBIT of $55,000 that it expects it will earn forever and it pays all of it's earnings as dividends to shareholders (i.e., no growth). Toronto Maple Leaf has 250,000 shares outstanding.
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