6. Venus Candy Company has a debt-to-equity ratio of 0.35. The required return on the firm's unlevered equity is 13%, and the pretax cost of the firm's debt is 7%. Sales revenue for Venus is expected to remain stable indefinitely at last year's level of $17,500,000. Variable costs amount to 60% of sales. Venus is taxed at the corporate tax rate of 40%. The firm distributes all of its earnings as dividends at the end of each year. a. If Venus were financed entirely by equity, how much would it be worth? b. What is the required return on the firm's levered equity (rs)? c. Use the WACC method to calculate the value of Venus. What is the value of the firm's equity? What is the value of the firm's debt? d. Use the flow to equity method to calculate the value of Venus's equity