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Kalamazoo Moo-Moo Inc., is expected to produce $600,000 of EBIT annually forever. The company has a 15% unlevered cost of equity with a corporate tax

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Kalamazoo Moo-Moo Inc., is expected to produce $600,000 of EBIT annually forever. The company has a 15% unlevered cost of equity with a corporate tax rate of 21 percent. Kalamazoo Moo-Moo issued perpetual bonds that currently have a $3 million market value. You estimate that Kalamazoo Moo-Moo is worth: $3,790,000$474,000$1,104,000$3,160,000$2,530,000 Question 10 (1 point) Which HBR case includes analysis of a firm that embraced the pecking order theory

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