20 4 points Connor Corp. has an EBIT of $1,045,000 per year that is expected to...
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20 4 points Connor Corp. has an EBIT of $1,045,000 per year that is expected to continue In perpetulty. The unlevered cost of equity for the company is 12 percent, and the corporate tax rate is 21 percent. The company also has a perpetual bond issue outstanding with a market value of $2.06 million. What is the value of the company? (Do not round Intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar, e.g., 1,234,567.) Value of the company eBook Print References 20 4 points Connor Corp. has an EBIT of $1,045,000 per year that is expected to continue In perpetulty. The unlevered cost of equity for the company is 12 percent, and the corporate tax rate is 21 percent. The company also has a perpetual bond issue outstanding with a market value of $2.06 million. What is the value of the company? (Do not round Intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar, e.g., 1,234,567.) Value of the company eBook Print References
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