Multiple Choice
Dakota Co.has expected earnings before interest and taxes of $37,800,an unlevered cost of capital of 12.2 percent,debt with a coupon rate of 5.6 percent,and both a book and face value of $24,000.The tax rate is 35 percent.What is the value of the firm?
A) $210,408.15
B) $209,106.11
C) $209,793.44
D) $218,406.11
E) $201,393.44
Correct Answer:
Verified
Correct Answer:
Verified
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