8. (10 pts.) The Foreseeable Future Company (FFC) operates in a world of certainty where corporate tax rates are 40%. The current owners of the company, whose only assets are a new technological process for extracting wine from water, can generate $450 once and only once one period later for an investment of $150. FFC can borrow up to $100 using debt (any more debt is strictly prohibited by world of certainty statutes); the rest must be equity. Work out the company's debt-equity ratio if interest rates are 10%. Determine a number of shares to be issued, the value of the existing owner's equity, and the weighted average cost of capital (WACC). If the company could increase its debt-equity ratio, would anyone benefit? If so, who, and why? 8. (10 pts.) The Foreseeable Future Company (FFC) operates in a world of certainty where corporate tax rates are 40%. The current owners of the company, whose only assets are a new technological process for extracting wine from water, can generate $450 once and only once one period later for an investment of $150. FFC can borrow up to $100 using debt (any more debt is strictly prohibited by world of certainty statutes); the rest must be equity. Work out the company's debt-equity ratio if interest rates are 10%. Determine a number of shares to be issued, the value of the existing owner's equity, and the weighted average cost of capital (WACC). If the company could increase its debt-equity ratio, would anyone benefit? If so, who, and why