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Corporation B expects an EBIT of $27,000,000 every year forever. The company currently has no debt and its cost of equity is 8%. The tax

Corporation B expects an EBIT of $27,000,000 every year forever. The company currently has no debt and its cost of equity is 8%. The tax rate is 49%. Suppose the company can borrow at 3%. What will be the value of the company, be if it takes on debt equal to 56% of its unlevered value?

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