## Jemisen’S Has Expected Earnings Before Interest And Taxes Of $6200 Its Unlevered Cost Of Capital Is 14 Percent

Question Jemisen’s has expected earnings before interest and taxes of $6200. Its unlevered cost of capital is 14 percent and it’s tax rate is 34 percent. The firm has debt with both a book and a face value of $2500. This debt has a 9 percent coupon and pays interest annually. What is the firms …