Question 18 of 22 > >> -> Moving to another question will save this response. Question 18 6 points Save Answer ABC company expects its EHIT to be $83,000 every year forever. The firm can borrow at 8 percent. The company currently has no debt, and its cost of equity is 13 percent a) If the tax rate is 35 percent, what is the value of the firm? b) What will the value be if the company borrows $125,000 and uses the proceeds to repurchase shares? TTT Arial 43(12pt] TEE 25 Path: P Words:0 tai w 0 m