12-25 (Similar to) Question Help Your company operates a steel plant. On average, revenues from the plant 37 million per year of the plants contre le cand are consistently 75% of revenues (This includes the energy cons associated with powering the plant which represent one quarter of the plants converge of 56 min Dery Suppose the inseteta of 1.14. there is 3%, and the markers premium 5% The tax rate is 33%, and there are no other costs a. Estimate the value of the plant today assuming no growth b. Suppone you enter a long term contract which will supply of the plants are needs for a fixed cost of a more come of the plant if you take this contest? How would taking the contractin fb) change the plants cost of capital? Explain a. Estimate the value of the plant today assuming no growth The value of the plant today anuming no growth in milion (Round to wo decima pins Enter your answer in the box and then click Check Answer CH 2 ering