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LA Clothing has expected earnings before interest and taxes of $2,000, an unlevered cost of capital of 11 percent and a tax rate of 33

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LA Clothing has expected earnings before interest and taxes of $2,000, an unlevered cost of capital of 11 percent and a tax rate of 33 percent. The company also has $2,500 of debt that carries a 6 percent coupon. The debt is selling at par value. What is the value of this firm

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