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asap King Lyon has the following assets: During 4 months of the yeat, current assets diop to $1.050.000 (total assets will then be 58.600.000. lts
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King Lyon has the following assets: During 4 months of the yeat, current assets diop to $1.050.000 (total assets will then be 58.600.000. lts operating profit (i.Brt) is expected to be $487500. Its tax rate is 30 percent. Shares are valued at $20. its capitat structire is short-teim financing at 3 percent and long-term financing of 30 percent equity. 70 percent debt at 5 percent. a. Calculate expected EPS if the firm is perfectly hedged. (Do not round intermediate calculations and round your final answer to 2 decimal ploces.) Step by Step Solution
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