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Luois International Has an EBIT of $2 Million,debt with a Market

Question 89

Multiple Choice

Luois International has an EBIT of $2 million,debt with a market value of $3 Million and a required return on assets of 11%.Assuming no taxes,what is the firm 's value?


A) $10,909,091
B) $29,272,727
C) $18,181,818
D) $27,272,727

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