Question
Edwards Construction currently has debt outstanding with a market value of $330,000 and a cost of 6 percent. The company has an EBIT of $19,800
Edwards Construction currently has debt outstanding with a market value of $330,000 and a cost of 6 percent. The company has an EBIT of $19,800 that is expected to continue in perpetuity.
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
