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Question 4 0.4 pts Assume a firm is financed with 50% safe debt at a cost of 4%, and 50% equity. The firm has a
Question 4 0.4 pts Assume a firm is financed with 50% safe debt at a cost of 4%, and 50% equity. The firm has a market value of $18 billion and promises a 13% ($2.34 billion) return. In a world with no taxes, what is the firm's price/earnings ratio? Round your answer to the nearest hundredth? 07.7 4.5 O 9.1 8.7
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