NOPAT R341 250
EBIT R525 000
Total Assets (which are financed with twice as much debt capital as of equity capital) R3 000 000
Cost of debt 10%
Required rate of return 13%
Tax rate 35%
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NOPAT R341 250
EBIT R525 000
Total Assets (which are financed with twice as much debt capital as of equity capital) R3 000 000
Cost of debt 10%
Required rate of return 13%
Tax rate 35%
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