Mackinnon Co. currently has EBIT of $40,000 and is alloquity financed. EBIT are expected to grow at a rate of 4% per year. The firm pays corporate taxes equal to 30% of taxable income. The cost of equity for this firm is 11% What is the market value of the firm? Enter your answer rounded to two decimal places Number Click "verly' to proceed to the next part of the question Section Attempt 1 of 1 Verify