Goodyear has expected earnings before interest and taxes of $870,000, an unlevered cost of capital of 10.2
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Goodyear has expected earnings before interest and taxes of $870,000, an unlevered cost of capital of 10.2 percent, and a tax rate of 25 percent. The company has $4,700,000 of debt that carries a 5 percent coupon. The debt is selling at par value. What is the value of this company?
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