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Problem 2 Precision Drilling has a debt-equity ratio of 2 . Its WACC is 9.5%, and its cost of debt is 8%. The corporate tax

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Problem 2 Precision Drilling has a debt-equity ratio of 2 . Its WACC is 9.5%, and its cost of debt is 8%. The corporate tax rate is 28%. A. What is the company's cost of equity? B. What is the company's unlevered cost of equity? C. If the company has $140,000 in outstanding debt and an expected EBIT of $67,000 in perpetuity, what is the value of the company

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