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Saki Sushi Restaurant has 250,000 shares of stock outstanding, $400,000 in perpetual after-tax EBIT, and a discount rate of 15 percent. The firm is considering

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Saki Sushi Restaurant has 250,000 shares of stock outstanding, $400,000 in perpetual after-tax EBIT, and a discount rate of 15 percent. The firm is considering a new project that has initial costs of $360,000 and annual perpetual after-tax EBIT of $60,000. What will be the change in the firm's stock price per share if this project is accepted? $0.20 $0.08 $0.12 $0.16

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