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Sugar Skull Corporation uses no debt. The weighted average cost of capital is 8.4 percent. If the current market value of the equity is

Sugar Skull Corporation uses no debt. The weighted average cost of capital is 8.4 percent. If the current market value of the equity is $25 million and there are no taxes, what is EBIT? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g. 1,234,567.) EBIT

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