Question: Strong forever Co.s perpetual EBIT is expected to be $3000000 per year based upon total debt of $200000. The companys cost of debt is 5%,

Strong forever Co.s perpetual EBIT is expected to be $3000000 per year based upon total debt of $200000. The companys cost of debt is 5%, and its required return on companys assets is 10%. In a world without taxes, distress costs or agency problems, what is the value of Strong forever Co.s Co.?

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