Roxy International Has an EBIT of $25 Million,debt with a Market

question 71

Multiple Choice

Roxy International has an EBIT of $25 million,debt with a market value of $40 Million and a required return on assets of 15%.Assuming no taxes,what is the firm 's value?

• A) $166,666,667
• B) $266,666,667
• C) $291,666,667
• D) $100,000,000

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