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An unlevered firm has a cost of capital of 10% and earnings before interest and taxes of $ 111,637. A levered firm with the same

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An unlevered firm has a cost of capital of 10% and earnings before interest and taxes of $ 111,637. A levered firm with the same operations and assets has both a book value and a market value of debt of $ 618,387 with a 11 % annual coupon. The applicable tax rate is 33 %. What is the value of the levered firm

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