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Bassett Frult Farm expects its EBIT to be $381,000 a year forever. Currently, the firm has no debt The cost of equity is 13.4 percent
Bassett Frult Farm expects its EBIT to be $381,000 a year forever. Currently, the firm has no debt The cost of equity is 13.4 percent and the tax rate Is 40 percent. The company is in the process of issuing $2.6 million worth of par that carry an annual coupon of 6.4 percent. What is the unlevered value of the firm? Multiple Choce $1705,970 1,535,373 $2.745.970 2,320,746 $1,895,522
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