Question: show math calculations, not excel Ugly Sweaters Inc. expects its EBIT to be $250,000 per year forever, and it has no depreciation. The firm currently

show math calculations, not excel
Ugly Sweaters Inc. expects its EBIT to be $250,000 per year forever, and it has no depreciation. The firm currently has no debt, but it could borrow at 6%. The firm's cost of equity is currently 14%, and its tax rate is 34% 3. What is the value of the firm currently? Current value
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