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Meyer & Co. expects its EBIT to be $114.000 every year forever. The firm can borrow at 6 percent. The company currently has no debt,

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Meyer & Co. expects its EBIT to be $114.000 every year forever. The firm can borrow at 6 percent. The company currently has no debt, and its cost of equity is 12 percent If the tax rate is 23 percent, what is the value of the firm? 0 1.5789,000.00 O2.9389.000.00 O 3. $731,500.00 O 4.$799,000.00

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