1. Gidado Shippers is currently an unlevered firm, but the company expects to generate N180 in earnings before interest and taxes (EBIT), in perpetuity. The corporate tax rate in Nigeria is 25 percent, and all earnings after tax are paid out as dividends. Gidado Shippers is considering a capital restructuring to allow N250 of debt. Its cost of debt capital is 10%. Unlevered firms in the same industry have a cost of equity capital of 15 per cent. You are required to determine: a) The Value of Gidado Shippers. b) The Weighted Average Cost of Capital (WACC) of Gidado Shippers. c) The implications of Gidado Shippers' value and WACC in a world with corporate tax