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donnelly & sons expect its ebit to be $87,000 every year forever the firm can borrow at 6.5%, and has a tax rate of 34%.

donnelly & sons expect its ebit to be $87,000 every year forever the firm can borrow at 6.5%, and has a tax rate of 34%. donnelly currently has no debt, and its cost of equity is 11%. what is the value of the firm?

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