ABC co. expects EBIT of $10 million each year. the corporate tax rate is 20% and the

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ABC co. expects EBIT of $10 million each year. the corporate tax rate is 20% and the unlevered cost of equity is 10%. ABC co. has no debt. What is the value of ABC co.?

a. 10 million

b. 100 million

c. 80 million

d. 88 million

Posted Date: May 17, 2024 07:01 AM

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ABC co. expects EBIT of $10 million each year. the corporate tax rate is 20% and the

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