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no growth firm reports the following cost of equity 12% / cost of debt 8% /...

no growth firm reports the following

cost of equity 12% / cost of debt 8% / target debt-to-value ratio 40%

current value of debt $105.26M

EBIT $40M

Depreciation=15M / capital expenditure $15

tax rate $40

use WACC valuation method estimate:

enterprise value and value of equity

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