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Tyrell Corp. is 100% equity financed. Tyrells EBIT is forecast as $10 million per year in perpetuity. Its cost of equity is 12% and its
Tyrell Corp. is 100% equity financed. Tyrells EBIT is forecast as $10 million per year in perpetuity. Its cost of equity is 12% and its tax rate is 25%. What is the value of Tyrell Corp?
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