A company has an opportunity to either take a bank loan or issue corporate bonds. In either case, it would face a 7 percent cost of debt. However, currently, the company does not have any debt. It only has equity with annual cost of 13 percent. The company expects $115,000 EBIT every year forever. It pays 24 percent tax rate on its taxable corporate income. a. Calculate its current market value. (Do not round your intermediate calculations. Only round your final answer to 2 decimal places, e.g., 32.16.) b. Calculate its current market value if, this time, it takes a $255,000 loan and uses it to buy back its own shares of common stock. (Do not round your intermediate calculations. Only round your final answer to 2 decimal places, e.g., 32.16.) a. Value of the firm b. Value of the firm