Indah Berkah. Ltd expects its EBIT to be SG$ 50 billion every year forever. The firm can borrow at 11 percent. Indah Berkah.Ltd currently has no debt, and its cost of equity is 22 percent. If the tax rate is 25 percent, what is the value of the firm? What will be the value be if Indah Berkah.Ltd borrows SG$ 60 billion and uses the proceeds to repurchase shares? what is the cost of equity after recapitalization? What is the WACC? What are the implications for the firm's capital structure decision?