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Business, 20.12.2021 01:40 josueur9656
Happy Candy has expected earnings before interest and taxes of $45,500, an unlevered cost of capital of 13% percent, and a tax rate of 34% percent. Suppose the company now has $33,000 of debt that carries a coupon rate of 8 percent. The debt is selling at par value. What is the value of this levered company
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Happy Candy has expected earnings before interest and taxes of $45,500, an unlevered cost of capital...
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