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Lazare Corporation expects an EBIT of $23,000 every yearforever. Lazare currently has no debt, and its cost of equity is15%. The firm can borrow at
Lazare Corporation expects an EBIT of $23,000 every yearforever. Lazare currently has no debt, and its cost of equity is15%. The firm can borrow at 11%.A) If the corporate tax rate is 35%, what is 2 answers
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