Remaining Time: 49 minutes, 39 seconds. Question Completion Status: 20 5 66 BG 9 9 120 13 14 15011 19 200 21 21 23 24 25 26 27 28 29 30 A Moving to another question will save this response. Question 23 of 30 Question 23 1 points "Topstone industries has an expected EBIT of $1,000,000. Its unlevered cost of capital is 15% and its cost of debt is 89. Topstone s debt-to-equity ratio is 0.3. The corporate tax rate 15 40%. What is the appropriate discount rate to be used under the FTE method to value Topstone?" Save Answer 12.5% 13.6% 10.0% 11.0% 16.396 La Moscles to another question will save this mesonero 7:07 PM 3C A OS Type here to search O DI Tuesday 12/21/2021 la 40