Connor Corp. has an EBIT of $9?0.000 per year that is expected to continue in perpetuity. The

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Connor Corp. has an EBIT of $9?0.000 per year that is expected to continue in perpetuity. The unlevered cost of equity for the company is 12 percent, and the corporate tax rate is 35 percent The company also has a perpetual bond issue outstanding wilh a market value of $1.91 million. What is the value ofthe company? [Enter your answer in dollars, not millions of dollars. Do not round intermediate calculations and round your answer to the nearest whole dollar. e.g.. 1,234,561] Value of the company $ |:|

Posted Date: Jun 06, 2024 07:05 PM

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Connor Corp. has an EBIT of $9?0.000 per year that is expected to continue in perpetuity. The

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