Calculate the value of the firm given the following information. The firms desired debt to total capital ratio (debt/(debt+equity)) is 40%. The firms marginal tax rate is 25% and its beta is 1.2. The cost of debt is 8% and the treasury yield is 3%. Assume the market risk premium to be 6%. The annual free cash flow starting next year is expected to be $4 million and is expected to grow indefinitely at the rate of 3 % per year