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Baseline corporation pays no taxes. the firm generates $2 million in operating income and pays $500,000 in interest expense each year. the weighted average cost

Baseline corporation pays no taxes. the firm generates $2 million in operating income and pays $500,000 in interest expense each year. the weighted average cost of capital is 10%. What is Baseline's market value?

A. $15 million

B. $20 million

C. $25 million

D. Insufficient information not provided

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