Question: please solve it in 20 mins I will thumb you up QUESTION 6 Phil, Claire & Co. uses no debt. The unlevered cost of capital

please solve it in 20 mins I will thumb you up

QUESTION 6 Phil, Claire & Co. uses no debt. The unlevered cost of capital is 8.4%. The current market value of the equity is $20 million and the tax rate is 25%. What is the EBIT? O a. $2,240,000 O b. $440,000 O c. $2,153,846 O d. $8,400,000 QUESTION 7 Referring to the information in (6), what is the WACC of Phil, Claire & Co.? a. 22% b. 11% O c. 8.4% O d. 16.8% QUESTION 8

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