Leisure Vacations Is an Unlevered Firm with an Aftertax Net

question 81

Multiple Choice

Leisure Vacations is an unlevered firm with an aftertax net income of $84,600.The unlevered cost of capital is 10 percent and the tax rate is 34 percent.What is the value of this firm?

• A)$567,600
• B)$781,818
• C)$820,000
• D)$846,000
• E)$558,360

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Definitions:

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