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Smith Inc. has a tax rate of 32%, an unlevered cost of capital of 7.5%, total debt of $350,000, and an EBIT of $160,000. Assuming
Smith Inc. has a tax rate of 32%, an unlevered cost of capital of 7.5%, total debt of $350,000, and an EBIT of $160,000. Assuming there is no cost of financial distress, the unlevered value of Smith Inc is $__________? (Please do not use dollar sign and round to the nearest dollar)
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