Elzear & Co. expects its EBIT to be $81,000 every year forever. The firm can borrow at 8% Elzear currently has no debt, and its cost of equity is 12%. (Round the final answers to 2 decimal places. Omit $ sign in your response.) If the tax rate is 35%, what is the value of the firm? Value of the firm What will the value be if the company borrows $132,000 and uses the proceeds to repurchase shares? Value of the firm $