Question: PLEASE HELP ASAP Question content area top Part 1 Sprint Inc. expects the following: UCFBT=$ 10 million in perpetuity from the end of year 1.

PLEASE HELP ASAP

Question content area top

Part 1

Sprint Inc. expects the following:

UCFBT=$ 10 million in perpetuity from the end of year 1.

Debt= $ 20 million. Rb =5% Tax rate is 50% R0 =10%

Debt is fully amortized over 3 years in three equal payments.

Find the value of Sprints equity today.

***The answer is not 60 I already tried***

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