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Edward Corporation expects to earn $40,000 in EBIT every yearforever. The companycurrently has no debt and its cost of equity is 15 percent. The taxrate

Edward Corporation expects to earn $40,000 in EBIT every yearforever. The companycurrently has no debt and its cost of equity is 15 percent. The taxrate is 20 percent. Thecompany can borrow at 8 p 2 answers

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