24.

The following data apply to the next two questions Laval Mining Company expects an EBIT of $19,750 every year, Laval Mining currently has no debt and its cost of equity is 15%. The firm can borrow at 10% and the corporate tax is 40%. 24 of 24 What will the value be if Laval Mining converts to 50% debt? O a. $57,500 b. $58,100 OC. $66,500 d. $79,500 O. None of the above Unsure MacBook Air