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An unlevered firm has a total market value of $11,800,000 with 500,000 shares of stock outstanding. The firm has expected EBIT of $1,642,000 if the

An unlevered firm has a total market value of $11,800,000 with 500,000 shares of stock outstanding. The firm has expected EBIT of $1,642,000 if the economy is normal and $2,470,000 if the economy boom...

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