Question: can i please have some help with this practice question i keep getting it wrong. thanks 0 Ice Cream Sandwich Co. expects EBIT of $250,000

can i please have some help with this practice question i keep getting it wrong. thanks

0 Ice Cream Sandwich Co. expects EBIT of $250,000 every year forever. Ice Cream Sandwich Co. currently has no debt and its cost of equity is 11%. The firm can borrow at 4%. The corporate tax rate is 24%. What is the value of the firm? Enter your answer rounded to two decimal places. 172727273 0 Correct. response: 1,121 ,212.73t0.01 Click "Verify\" to proceed to the next part of the question. Given that the firm has a value of $1 ,727,272.73 when it is all equity, what will be the value of the firm if Ice Cream Sandwich Co. borrows $110,000 of permanent debt and uses the proceeds to buy back stock? Enter your answer rounded to two decimal places
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