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Ice Cream Sandwich co expects EBIT of $150,000 every year forever Ice Cream Sandwich Co currently has no debt and its cost of equity is

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Ice Cream Sandwich co expects EBIT of $150,000 every year forever Ice Cream Sandwich Co currently has no debt and its cost of equity is 11%. The firm an borrow at 3%. The corporate tax rate is 33% 913,636.36 What is the value of the firm? Enter your answer rounded to two decimal places Correct response: 913,636.36+0.01 Click "verity to proceed to the next part of the question. This question has 4 parts, so you will be clicking verily 4 times Given that the firm has a value of $913,636.36 when it is all equity, what will be the value of the firm if Ice Cream Sandwich Co borrows $280,000 of permanent debt and uses the proceeds to buy back stock? Enter your answer rounded to two decimal places 11,42,422 O Correct response: 1,006,036.3630.01 Click "verity to proceed to the next part of the question Siven that the firm has a value of 5913636 36 when it is all equity, how can Ice Cream Sandwich Co maximize the value of the num? What will be the maximum value if there are no costs to financial distress Enter your answer rounded to two decimal places Number Click "Verity to proceed to the next part of the

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