If the current market value of the equity is 25 million

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Lamont Corp. uses no debt. The weighted average cost of capital is 11 %. If the current market value of the equity is $ 25 million and there are no taxes, what is EBIT? Suppose the corporate tax rate is 35 %. What is EBIT in this case? What is the WACC? Explain.

Reference no: EM13569332

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