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Sprint Inc. expects the following: unlevered CF before tax =$ 10 million in perpetuity from the end of year 1. Debt= $ 20 million. R

  1. Sprint Inc. expects the following:

unlevered CF before tax =$ 10 million in perpetuity from the end of year 1.

Debt= $ 20 million. Rb =5% Tax rate is 50% R0 =10%

Debt is amortized over 3 years in three equal payments.

Find the value of Sprints equity today.

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