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Hunter Corporation expects an EBIT of $35,186 every year forever. Te company currently has no debt and its cost of equity is 13.42%. The tax

Hunter Corporation expects an EBIT of $35,186 every year forever. Te company currently has no debt and its cost of equity is 13.42%. The tax rate is 27%. Suppose the company can borrow at 7.89%.

What will be the value of the company be if it takes on debt equal to 47% of its unlevered value?

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