Multiple Choice
The SLG Corp. uses no debt. The weighted average cost of capital is 12 percent. The current market value of the equity is $31 million and the corporate tax rate is 34 percent. What is EBIT?
A) $4,180,000
B) $4,821,194
C) $5,636,364
D) $6,230,018
E) $6,568,500
Correct Answer:
Verified
Correct Answer:
Verified
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