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Elzear & Co. expects its EBIT to be $89,000 every yearforever. The firm can borrow at 5%. Elzear currently has no debt,and its cost of
Elzear & Co. expects its EBIT to be $89,000 every yearforever. The firm can borrow at 5%. Elzear currently has no debt,and its cost of equity is 10%. (Round the final answers to2 decimal places 2 answers
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Essentials of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
9th edition
78034698, 978-0077502287, 77502280, 978-0078034695
