Wood Corp uses no debt The weighted average cost of capital is 15 percent

jagguarpaw January 11, 2017 0 Comments

Question: Wood Corp. uses no debt. The weighted average cost…

Wood Corp. uses no debt. The weighted average cost of capital is 15 percent. If the current market value of the equity is $39 million and there are no taxes, EBIT is $ _________

. (Do not include the dollar sign ($). Input your answer in dollars, not in millions. (e.g., 1,234,567))