PPT Slide
D = $500, kd = 11%, ks = 16.5%.
S1 =
= = $1,618.
V1 = S1 + D1 = $1,618 + $500 = $2,118.
P1 = = = $21.18.
(EBIT - kd D)(1 - T)
ks
[$500 - 0.11($500)](0.6)
0.165
$2,118
100
V1
n0
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