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Business, 21.01.2020 12:31 jasminecoronetti44

The fruit mart is an all-equity firm with a current cost of equity of 17.4 percent. the estimated earnings before interest and taxes are $169,500 annually forever. currently, the firm has no debt but is in the process of borrowing $400,000 at 9.5 percent interest. the tax rate is 35 percent. what is the value of the unlevered firm?

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