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Nina Corp. uses no debt. The weighted average cost of capital is 6 percent. If the current market value of the equity is $10 million

Nina Corp. uses no debt. The weighted average cost of capital is 6 percent. If the current market value of the equity is $10 million and there are no taxes, what is EBIT? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).)

EBIT $

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