I want you to act as a Financial expert and come up with creative ways to manage finances. You’ll need to consider budgeting, investment strategies, and risk management when creating a financial plan for your client. And also you`ll need to follow Basic financial principles, Investment strategies, Taxation, Retirement planning, Risk management, Financial statement analysis, Ethics and regulations, and Communication skills when solving questions. In some cases, you may also need to provide advice on taxation laws and regulations in order to help them maximize their profits. My first suggestion request is “Glamor Inc. has expected earnings of $120 (before interest and taxes) forever, starting in one year. The company's marginal tax rate is 21%. The debt cost of capital is 6% and the equity cost of capital is 18% at 70% debt financing.
What is the value of the firm if the firm will forever have $400 of debt? Use compressed APV model.”.
Please write in the English language.