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a A firm's EBIT is forecasted to be $284 next year, and is expected to have a growth rate of zero thereafter. The firm currently

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a A firm's EBIT is forecasted to be $284 next year, and is expected to have a growth rate of zero thereafter. The firm currently has no debt, a cost of equity of 10%, and a tax rate of 30%. If the firm adds $56 in debt and maintains that level indefinitely), and assuming MM theory with corporate taxes (but without bankruptcy) is valid, what is the value of the firm after the change in capital structure? Do NOT round intermediate work. Round your final answer to 2 decimal places (ex: if your answer is 12.3456, enter 12.35). Margin of error for correct responses: +/-.05. Question 4 5 pts A company's equity Beta is 1.16, its D/E ratio is 0.6, and its tax rate is 30%. Use the Hamada equation to find the unlevered Beta. Do NOT round intermediate work. Round your final answer to 2 decimal places (ex: if your answer is 1.23456, enter 1.23). Margin of error for correct responses: +/-.05

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