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Heinz Incorporation has expected earnings before interest and taxes of $2,843,270, an unlevered cost of capital...

Heinz Incorporation has expected earnings before interest and taxes of $2,843,270, an unlevered cost of capital of 10.2 percent, and a tax rate of 25 percent. The company has $7,900,000 of debt that carries a 6.6 percent coupon. The debt is selling at par value. What is the value of this company? $24,412,506 $23,756,980 $22,881,397 $20,362,114 $25,644,382

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