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M&M [LO1] Thrice Corp. uses no debt. The weighted average cost of capital is 8.4 percent. If the current market value of the equity is

M&M [LO1] Thrice Corp. uses no debt. The weighted average cost of capital is 8.4 percent. If the current market value of the equity is $16.3 million and there are no taxes, what is EBIT?

M&M and Taxes [LO2] In Problem 10, suppose the corporate tax rate is 22 percent. What is EBIT in this case?

if you can answer both okay if not then the second one plz

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