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Intro Glamor Inc. has expected earnings of $130 (before interest and taxes) forever, starting in one year. The company's marginal tax rate is 21%. The
Intro Glamor Inc. has expected earnings of $130 (before interest and taxes) forever, starting in one year. The company's marginal tax rate is 21%. The debt cost of capital is 6% and the equity cost of capital is 12% at 80% debt financing. - Attempt 1/2 for 1 pts. Part 1 What is the PV of expected cash flows if the firm will forever be 80% financed with debt and the rest with equity? 0+ decimals Submit
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