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Ocean Company produces EBIT of $30,000 in perpetuity. Corporate taxes are 30%, no personal taxes. 1. What is the value of the company, if the

Ocean Company produces EBIT of $30,000 in perpetuity. Corporate taxes are 30%, no personal taxes.

1. What is the value of the company, if the required rate of return on equity is 10%, and the company is unlevered?

a. 210,000

b. 458,010

c. 160,000

d. 190,158

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