Question: RevCo expects its EBIT to be $70,000 each year for the next three years. After three years (year 4) the EBIT is expected to be

RevCo expects its EBIT to be $70,000 each year for the next three years. After three years (year 4) the EBIT is expected to be $75,000 each year forever. Given a tax rate of 30%, Cost of Equity of 20%, D/E ratio of 0%. What is the value of the firm? (Round your answer to the whole number)

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