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company X is a nongrowth firm in the 35% tax bracket. Firm'sperpetual EBIT - Company ( mathrm{X} ) is a nongrowth firm in the (

company X is a nongrowth firm in the 35% tax bracket. Firm'sperpetual EBIT - Company \( \mathrm{X} \) is a nongrowth firm in the \( 35 \% \operatorname{tax} \) bracket. Firm's perpetual EBIT is \( \$ 1.2 \) million per annum. The firm's pretax cost of debt is \( 8 \% \) and 2 answers

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