Homework answers / question archive / A firm has an EBIT of $210,000 and a tax rate of 30 percent

A firm has an EBIT of $210,000 and a tax rate of 30 percent

Finance

Share With

A firm has an EBIT of $210,000 and a tax rate of 30 percent. The firm has a WACC of 6.5%. According to the traditional approach to capital structure, the value of the firm is approximately

Group of answer choices

1.88 million

2.64 million

2.26 million

3.77 million