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Jellybean Co. expects EBIT of $100,000 every year forever. Jellybean Co. currently has no debt and its cost of equity is 18%. The firm can

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Jellybean Co. expects EBIT of $100,000 every year forever. Jellybean Co. currently has no debt and its cost of equity is 18%. The firm can borrow at 7%. The corporate tax rate is 38%. What is the value of the firm? Enter your answer rounded to two decimal places. Number Click "Verify" to proceed to the next part of the question. This question has 4 parts, so you will be clicking verify 4 times. Section Attempt 1 of 1 Verify

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