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38 Bassett Fruit Farm expects its EBIT to be $381,000 a year forever. Currently, the firm has no debt. The cost of equity is 13.4

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Bassett Fruit Farm expects its EBIT to be $381,000 a year forever. Currently, the firm has no debt. The cost of equity is 13.4 percent and the tax rate is 25 percent. The company is in the process of issuing $2.6mlllion worth of bonds at par that carty an annual coupon of 6.4 percent. What is the unievered value of the firm? Multiple Choice 52745.970 52.132 .463 $2.320.746 51.895 .522 $2,745,970 $2,132,463 $2,320,746 $1,895,522 $1,535,373

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