Find ebit-wacc if current market value of equity is given


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.

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Finance Basics: Find ebit-wacc if current market value of equity is given
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