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3) The tax rate is 50%, Firm D has a Debt-to-Equity ratio (D/E) of 200%. i) Figure out the debt-to-firm value (D/V) using Debt-to-Equity ratio

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3) The tax rate is 50%, Firm D has a Debt-to-Equity ratio (D/E) of 200%. i) Figure out the debt-to-firm value (D/V) using Debt-to-Equity ratio (D/E). ii) Figure out the weighted average cost of capital of Firm D (WACC). (40points)

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