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You are given the following table showing the unlevered free cash flows of a firm and the annual interest expense. You are also given the

You are given the following table showing the unlevered free cash flows of a firm and the annual interest expense. You are also given the following data:

unlevered cost of capital = 12.50%

WACC = 10.20%

cost of net debt = 7%

corporate tax rate = 30%

Calculate the enterprise value using the APV method.

Year 0 1 2 3
Unlevered free cash flow $7,800 $8,100 $8,560
Interest expense $1,100 $1,368 $990

Group of answer choices

$21,189

$23,072

$18,772

$20,255

$22,376

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