3. Nasly & Grace Boutique firm expects an EBIT of $74,500 every year forever. The company...
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3. Nasly & Grace Boutique firm expects an EBIT of $74,500 every year forever. The company currently has no debt, and its cost of equity is 12 percent. The current tax rate is 23percent. A) Calculate the current value of L&G Boutique firm using the above information. 3. Nasly & Grace Boutique firm expects an EBIT of $74,500 every year forever. The company currently has no debt, and its cost of equity is 12 percent. The current tax rate is 23percent. A) Calculate the current value of L&G Boutique firm using the above information.
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