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Question 11 of 43 A firm expects an EBIT of $18,850 every year forever. It currently has no debt and its cost of equity is

Question 11 of 43 A firm expects an EBIT of $18,850 every year forever. It currently has no debt and its cost of equity is 15%. The firm can borrow at a rate of 10%. The debt/equity ratio to 1. Assumi...

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