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Question 1 3 points Key Lime Pie Co. expects EBIT of $300,000 every year forever. Key Lime Pie Co. currently has no debt and its
Question 1 3 points Key Lime Pie Co. expects EBIT of $300,000 every year forever. Key Lime Pie Co. currently has no debt and its cost of equity is 20%. The firm can borrow at 6%. The corporate tax rate is 33%. What is the value of the firm? Enter your answer rounded to two decimal places. Number Click "Verify" to proceed to the next part of the question. Section Attempt 1 of 1 Verify
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