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??????? Company ( L ) has perpetual debt of ( $ 2,000,000 ) and Cost of Debt is ( 5 % ) while Company (

??????? Company \( L \) has perpetual debt of \( \$ 2,000,000 \) and Cost of Debt is \( 5 \% \) while Company \( U \) is unlevered. Expected EBIT for both firms is \( \$ 1,500,000 \) forever and earnings are 2 answers

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