Business, 18.06.2021 17:20, raymondanthony3314

Calvert Corporation expects an EBIT of $23,300 every year forever. The company currently has no debt, and its cost of equity is 14.3 percent. The company can borrow at 9.1 percent and the corporate tax rate is 25 percent. a. What is the current value of the company

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Calvert Corporation expects an EBIT of $23,300 every year forever. The company currently has no debt...