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Question 17 Assume a firm generates $400,000 ebit annually pays 40% tax and has 80 ,000 shares outstanding calculate TIE times intrest earned if the

Question 17
Assume a firm generates $400,000 ebit annually pays 40% tax and has 80 ,000 shares outstanding
calculate TIE times intrest earned if the firm is decided to borrow $250,000 at 9% interest and repurchase stock with the preced the current stock price is $25 a share
$8.9
$9.5
$10.4
$ 7.5

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