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show you calculation Graceful Funeral Group expects its earnings before interest and taxes to be $325.000 a year forever. Currently, the firm has no dett.

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Graceful Funeral Group expects its earnings before interest and taxes to be $325.000 a year forever. Currently, the firm has no dett. The cost of equity is 19.5 percent and the tax rate is 21 percent. The company is in the process of issuing 53.7 million of bonds at par that carry an annual coupon rate of 6.5 percent. What is the unlevered value of the firm "51,455,524 O $1,416,066 31.191,500 "51.053 420 "$1.316.667

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