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Marley Corp. is an all-equity firm. The firm has a projected EBIT of $31,000 a year forever. The cost of equity is 17 percent and

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Marley Corp. is an all-equity firm. The firm has a projected EBIT of $31,000 a year forever. The cost of equity is 17 percent and the tax rate is 35 percent. The firm can borrow at 8 percent. Currently, the firm is considering converting to a debt-equity ratio of .4. The unlevered value of the firm is and the levered value is: Select one: a. $141,414.14: $153,101.03 O b. $129,472.02: $142,693.41 O c. $118,529.41: $130,382.35 O d. $127.007.17: $139,517.08 O e. $124.215.08; $136,406.16

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