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Limoilou Corp. uses no debt. The weighted average cost of capital is 5 . 9 % . If the current market value of the equity

Limoilou Corp. uses no debt. The weighted average cost of capital is 5.9%. If the current market value of the equity is $12 million and
there are no taxes, what is EBIT? (Omit $ sign in your response.)
EBIT $
*Please explain with details.
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