Jocob Inc. has historically been an all-equity firm. The analyst expects EBIT to be $1.37B in perpetuity starting one year from now. The cost of equity for the company is 9.5% and the tax rate is 35%. Suppose that the company borrows $5B and uses the funds to repurchase shares. What is the value of the firm if the present value of financial distress costs is $2.2B? Answer rounding to two decimal places. Do not include any symbols, such dollar sign ($). percentage sign (%), or thousand separators (.). For example, if the answer is 12.3456, enter 12.35. A/