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Analysts expect the Rumpel Felt Company to generate EBIT of $10 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 $10 million annually in perpetuity (starting in one year). Rumpel is all equity financed and stockholders require a return of 5%. Rumpel operates in Utopia where corporate taxes are zero. What is the value of the Rumpel Felt Company

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