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Leisure Vacations is an unlevered firm with aftertax net income of $57,980, a cost of capital of 13.2 percent, and a tax rate of 35
Leisure Vacations is an unlevered firm with aftertax net income of $57,980, a cost of capital of 13.2 percent, and a tax rate of 35 percent. What is the value of this firm?
Multiple Choice
$285,507.58
$318,906.15
$368,511.12
$401,008.47
$439,242.42
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