What is the ebit-gunnar corp

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Gunnar Corp. uses no debt. The weighted average cost of capital is 8.6 percent. The current market value of the equity is $37 million and the corporate tax rate is 23 percent.

What is the EBIT?

(Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.)

Reference no: EM132646751

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