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Eccles Inc. Eccles Inc., a zero growth firm, has an expected EBIT of $80,000 and a corporate tax rate of 25%. Eccles uses $300,000 of

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Eccles Inc. Eccles Inc., a zero growth firm, has an expected EBIT of $80,000 and a corporate tax rate of 25%. Eccles uses $300,000 of 11.0% debt, and the cost of equity to an unlevered firm in the same risk class is 12.0%. Refer to the data for Eccles Inc. What is the value of the firm according to MM with corporate taxes? a $538.750 b. $475,875 c $700,875 $650,250 $575.000 0

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