Business
Business, 26.03.2020 22:13, kcjr

L. A. Clothing has expected earnings before interest and taxes of $63,300, an unlevered cost of capital of 14.7 percent, and a combined tax rate of 23 percent. The company also has $11,000 of debt that carries a coupon rate of 7 percent. The debt is selling at par value. What is the value of this company?

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L. A. Clothing has expected earnings before interest and taxes of $63,300, an unlevered cost of capi...

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