Find the value of Caspian Sea Corp. assuming corporate taxes: ke=9.7% kd=5% It currently has no debt

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Find the value of Caspian Sea Corp. assuming corporate taxes:

ke=9.7%

kd=5%

It currently has no debt

EBIT=$2m

T=40%

Show your answer in millions notation to two decimal places. (i.e., $500,000 would be 0.50.)

Related Book For answer-question

Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Mar 19, 2024 02:52 AM

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Find the value of Caspian Sea Corp. assuming corporate taxes: ke=9.7% kd=5% It currently has no debt

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