Multiple Choice
Leisure Vacations is an unlevered firm with aftertax net income of $57,980,a cost of capital of 13.2 percent,and a tax rate of 35 percent.What is the value of this firm?
A) $285,507.58
B) $318,906.15
C) $401,008.47
D) $439,242.42
E) $368,511.12
Correct Answer:
Verified
Correct Answer:
Verified
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