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Business, 29.07.2020 17:01 Hfruit

Lester's has expected earnings before interest and taxes of $69,750, an unlevered cost of capital of 12.6 percent, and debt with both a book and face value of $78,000. The debt has a coupon rate of 5.75 percent. The tax rate is 34 percent. What is the value of the firm? Group of answer choices

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Lester's has expected earnings before interest and taxes of $69,750, an unlevered cost of capital of...
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