Assume that the M&M with Corporate Taxes theory is true. New Schools expects an EBIT of $$85$ every year forever. The firm currently has no debt, and its cost of equity is $9\mathrm{.}4$ percent. The firm can borrow at $3\mathrm{.}1$ percent and the corporate tax rate is $27$ percent. What will the value of the firm be if it issues $$200$ in debt to buy back equity? Show your answer to the nearest $$\mathrm{.}01.$ Do not use the $ or $,$ signs in your answer.