Business
Business, 22.02.2020 04:59, dlasheab

Change Corporation expects an EBIT of $61,000 every year forever. The company currently has no debt, and its cost of equity is 12 percent. The corporate tax rate is 25 percent. a. What is the current value of the company?

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Change Corporation expects an EBIT of $61,000 every year forever. The company currently has no debt,...

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