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T-Mobile LTE 11:35 PM Assume taxes, no bankruptcy costs. Lazare Corporation expects an EBIT of $25,790 every year forever. Lazare currently has no debt and

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T-Mobile LTE 11:35 PM Assume taxes, no bankruptcy costs. Lazare Corporation expects an EBIT of $25,790 every year forever. Lazare currently has no debt and its cost of equity is 12%. The firm can borrow at 12%. The corporate tax rate is 35%. A. What is the value of the firm

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