Question: Cede & Co. expects its EBIT to be $80,971 every year forever. The firm can borrow at 13%. Cede currently has no debt, and its

Cede & Co. expects its EBIT to be $80,971 every year forever. The firm can borrow at 13%. Cede currently has no debt, and its cost of equity is 22%. The tax rate is 34%. What is the firm's WACC af...

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