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Kodiak Inc . is an unlevered firm with 30 million of shares outstanding and market share price of $15. The cost of equity is 10%
Kodiak Inc. is an unlevered firm with 30 million of shares outstanding and market share price of $15. The cost of equity is 10% and the corporate tax rate is 40%. What is value of the firm?
Select one:
a. $150 million
b. $450 million
c. $300 million
d. $100 million
e. $90 million
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