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Summit Corp faces a tax rate of 3 5 % , a 7 % cost of debt and a 2 2 % cost of levered

Summit Corp faces a tax rate of 35%, a 7% cost of debt and a 22% cost of levered equity. The debt to equity ratio of the frim is 0.25 and EBIT is $300,000. What is the unlevered value of the firm? (please write it step by step please with the calculations)

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