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Thrice Corp. uses no debt. The weighted average cost of capital is 8.4 percent. If the current market value of the equity is $25 million and there are no taxes, what is EBIT? (Do not round intermediate
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Thrice Corp. uses no debt. The weighted average cost of capital is 8.4 percent. If the current market value of the equity is $25 million and there are no taxes, what is EBIT? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g. 1,234,567.)

User CTABUYO
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Answer:

$2.1 Million

Step-by-step explanation:

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Thrice Corp. uses no debt. The weighted average cost of capital is 8.4 percent. If-example-1
User Shina
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