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Marisol LTD is an all-equity firm that has projected perpetual EBIT of $192,000 per year. The cost of equity is 13.7 percent and the tax

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Marisol LTD is an all-equity firm that has projected perpetual EBIT of $192,000 per year. The cost of equity is 13.7 percent and the tax rate is 39 percent. The firm can borrow perpetual debt at 6 percent. Currently, the firm is considering converting to a debt-equity ratio of 1.02. What is the firm's levered value? Multiple Choice $939,068 $1101,956 $769,401

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