Multiple Choice
Joe's Leisure Time Sports is an unlevered firm with an aftertax net income of $78,400.The unlevered cost of capital is 11.4 percent and the tax rate is 23 percent.What is the value of this firm?
A) $447,017
B) $581,818
C) $687,719
D) $613,309
E) $537,900
Correct Answer:
Verified
Correct Answer:
Verified
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