Maria and Co expect its EBIT to be 80000 every year forever

Maria and Co. expect its EBIT to be &80000 every year forever the frirm can borrow at 14% maria currently has no debt. and its cost of equity is 25%. if tax rat is 35%. what is thevalue of the firm?

As there is no debt and also nothing mentioned for conversion to debt hence the value of the firm will be calculated as (80000*(1-.35))/.25 208000 Ans $208000 If any doubt please comment