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Question 22 5 pts Google is an all-equity firm that has projected perpetual EBIT of $292,000. The current cost of equity is 11.6 percent and
Question 22 5 pts Google is an all-equity firm that has projected perpetual EBIT of $292,000. The current cost of equity is 11.6 percent and the tax rate is 21 percent. The company is in the process of issuing $908,000 worth of perpetual bonds with an annual coupon rate of 5.8 percent at par. What is the value of the levered firm? $2,179,301 $1,886,007 $1,472,586 $1,988,621 $1,818,008
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