Question
Calculate the market value of a firm with the total assets of $105 million and $50 million od 10% perpetual debt in capital structure. The
Calculate the market value of a firm with the total assets of $105 million and $50 million od 10% perpetual debt in capital structure. The firm's cost of equity is 14% on the 55 million in equity in the capital structure. The perpetual EBIT is expected to be $9 million and the marginal tax rate is 40%
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The Geography Of Finance
Authors: Gordon L. Clark, Darius Wójcik
1st Edition
0199213364, 978-0199213368
