Question: Shadow Corp. has no debt but can borrow at 7 percent. The firm's WACC is currently 14 percent, and the tax rate is 36 percent.

Shadow Corp. has no debt but can borrow at 7 percent. The firm's WACC is currently 14 percent, and the tax rate is 36 percent. (Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16))

Required:
a. Shadow

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