(a) Cookware industries has a capital structure that consists solely of debt and equity. the company can issue debt at 11 percent. its shares currently pay a tshs. 20 dividend per share and the share price is Tshs. 247.50. The company's dividend is expected to grow at a constant rate of 7 percent per yare indefinitely. Its corporate income tax rate is 30 percent and the company estimate that its weighted average cost of capital is 13.95 percent. What percent of the company's capital structure consists of debt financing? (b) State Modigliani and Miller's proposition I about the relationship between capital structure and the firm's value. (c) How does the proposition in part (b) above change with the introduction