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cktracking. Changes to the answer after submission are prohibited. Your answers are saved automatically. maining Time: 1 hour, 09 minutes, 07 seconds. estion Completion Status:

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cktracking. Changes to the answer after submission are prohibited. Your answers are saved automatically. maining Time: 1 hour, 09 minutes, 07 seconds. estion Completion Status: A Moving to the next question prevents changes to this answer. Question 2 Save A stion 2 4 points Given: Firm A is all-equity financed and has total assets of $500 million Firm Bis an identical firm to Firm A, but 70% of its $500 million of total assets are financed with debt bearing an interest rate of 6% Assume firms pay corporate taxes at the rate of 34% of taxable earnings. Both firms have the same EBIT, $25 million Firm B's interest deduction is million. Keep the result with two decimal places. A Moving to the next question prevents changes to this answer. Question 2 of 3 1,473 OCT 15

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