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Assume the firm generate $400 ebit annualy Pays % 40 tax rate and has 80,000 share outstanding. Calculate TIE ( times interest earn if the
Assume the firm generate $400 ebit annualy Pays % 40 tax rate and has 80,000 share outstanding. Calculate TIE ( times interest earn if the firm decided to borrow $250 at 9% interest and repurchase stock with preceeds. The current stock price is $25/a share
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