Jellybean Co. expects EBIT of $150,000 red year, and expects earnings to grow at a rate of 1% per year indefinitely, Jellybean Co currently has no debt and its cost of equity is 20%. The firm can borrow at 5%. The corporate tax rate is 21%. What is the value of the firm Enter your answer rounded to two decimal places. 623684.2 Correct response 623,684.310.01 Click "Verly" to proceed to the next part of the question Given that the firm has a value of $123,084 21 when it is all equity, what will be the value of the fim Jellybean Co, borrows $100,000 of permanent debt and uses the proceeds to buy back stock? Enter your answer rounded to two decimal placen Number Cick "Verity to proceed to the next part of the question Section Attempt 1 of 1 Verity