Question: Once Bitten Corp. uses no debt. The weighted average cost of capital is 7 percent. If the current market value of the equity is $33

Once Bitten Corp. uses no debt. The weighted average cost of capital is 7 percent. If the current market value of the equity is $33 million and there are no taxes, what is EBIT? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g. 1,234,567.) EBIT $ Once Bitten Corp uses no debt. The weighted average cost of capital is 7 percent. If the current market value of the equity is $33 million and there are no taxes, what is EBIT? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g. 1,234,567.) EBIT Hints eBook & Resources Hint#1

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