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Joe's Leisure Time Sports is an unlevered firm with an aftertax net income of $78,400. The unlevered cost of capital is 11.4 percent and

Joe's Leisure Time Sports is an unlevered firm with an aftertax net income of $78,400. The unlevered cost of capital is 11.4 percent and the tax rate is 23 percent. What is the value of this firm?

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