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Edwards Construction currently has debt outstanding with a market value of $87,000 and a cost of 11 percent. The company

Posted: Wed Mar 30, 2022 3:47 pm
by answerhappygod
Edwards Construction currently has debt outstanding with a
market value of $87,000 and a cost of 11 percent. The company has
EBIT of $9,570 that is expected to continue in perpetuity. Assume
there are no taxes.