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Sun Inc. is an all - equity firm that has projected perpetual EBIT of $ 3 4 0 , 0 0 0 . The current
Sun Inc. is an allequity firm that has projected perpetual EBIT of $ The current cost of equity is percent and the tax rate is percent. The company is in the process of issuing $ worth of perpetual bonds with an annual coupon rate of percent at par. What is the value of the levered firm?
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