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please help as soon as possile, it would be very helpful Consider the following for XYZ Company: Its operating profit (EBIT) is expected to be

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Consider the following for XYZ Company: Its operating profit (EBIT) is expected to be $23 million. Its tax rate is 30 percent. Shares are valued at $20. Capital structure is either shortterm financing at 5 percent or equity. There is no long term debt. (Round the final answers to 2 decimal places. Please submit oll calculations on Moodle) 0. Calculate expected eamings per stare (EPS) if the firm is perfectly hedged. Elliot Steel manufactures steel parts for mining equipment. The company currently has the following assets: The company CFO determined that avalable shout-term interest rates are 12 percent and long-term rates are 17 percent (long-term rates imply a retum to any equity). Earnings before interest and taxes are $1,140,000 and the corporate tax rate is 40 percent. If long-term financing is perfectly matched (hedged) with long-term asset needs, and the same is true of short ferm financing, what will eamings after taxes be? Eamings after taxes

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