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Posted on May 19, 2024

connor corp has an EBIT of $ 1 , 0 3 0 , 0 0 0 per year that is expected to continue in perpetuity.

connor corp has an EBIT of $

1, 030, 000

per year that is expected to continue in perpetuity. the unlevered cost of equity for the company is

14 %

and the corporate tax rate is

23 % .

the company also has a perpetual bond issue outstanding with a market value of $

2.03

million. what is the value of the company?

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