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Business, 16.04.2020 19:50 lamooothegoat

L. A. Clothing has expected earnings before interest and taxes of $1,900, an unlevered cost of capital of 16 percent and a tax rate of 34 percent. The company also has $2,600 of debt that carries a 7 percent coupon. The debt is selling at par value. What is the value of this firm

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