chipmunk4868 chipmunk4868
  • 15-11-2022
  • Business
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the montana hills co. has expected earnings before interest and taxes of $8,100, an unlevered cost of capital of 11%, and debt with both a book and face value of $12,000. the debt has an annual 8% coupon. the tax rate is 34%. what is the value of the firm? you can assume that the debt is perpetual.

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