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Analysts expect the Rumpel Felt Company to generate EBIT of $30 million annually in perpetuity (starting in one year). Rumpel is all equity financed and

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Analysts expect the Rumpel Felt Company to generate EBIT of $30 million annually in perpetuity (starting in one year). Rumpel is all equity financed and stockholders require a return of 10%. Rumpel operates in Utopia where corporate taxes are zero. What is the value of the Rumpel Felt Company? $ 200 x million Check

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