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Tarbox Tobacco Inc. is all equity financed and generates perpetual annual EBIT of $ 3 0 0 . Assume that the EBIT, and all other
Tarbox Tobacco Inc. is all equity financed and generates perpetual annual EBIT of $ Assume that the EBIT, and all other cash flows, occur at year end and that we are currently at the beginning of a year. Assume that Tarbox has a payout rate. Tarbox has shares outstanding. The stock holders of Tarbox require a return of Assume that the tax rate is What is the price per share for Tarbox stock? Round to the nearest whole number.
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