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Please show all the steps you used to get to the answer including formulas. 2. A firm has EBIT of $25 million. It has debt

Please show all the steps you used to get to the answer including formulas.

2. A firm has EBIT of $25 million. It has debt of $75 million and the Cost of debt is 9%. Its unlevered cost of capital is 12% and tax rate at 35%. a) What's its unlevered firm value? b) What's its levered firm value? c) What's its equity value

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