Question: Key Lime Pie Co. expects EBIT of $200,000 next year, and expects earnings to grow at a rate of 1% per year indefinitely, Key Lime

 Key Lime Pie Co. expects EBIT of $200,000 next year, and

Key Lime Pie Co. expects EBIT of $200,000 next year, and expects earnings to grow at a rate of 1% per year indefinitely, Key Lime Pie Co currently debt and its cost of equity is 16%. The firm can borrow at 6%. The corporate tax rate is 27% What is the value of the firm? Enter your answer rounded to two decimal places. Number Click "Verity to proceed to the next part of the question. This question has 4 parts, so you will be clicking verity a times Section Attempt 1 of 1 Verify

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