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QUESTION 1 5 Weston Company has expected earnings before interest and taxes of $ 5 4 , 0 0 0 , an unlevered cost of

QUESTION 15
Weston Company has expected earnings before interest and taxes of $54,000, an unlevered cost of capital of 8.7 percent, and a tax rate of 25 percent. The company has $1,500,000 of debt that carries a 6 percent coupon. The debt is selling at par value. What is the value of this company?
$4,906,635
$5,047,414
$5,188,193
$5,328,972
$5,469,751
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