A firm is expected to generate $10M in sales next year. The annual costs are expected to be 20% of sales. The tax rate is 30%. The after-tax cash flow is expected to remain constant forever. The firm has $18.46M of debt and its target debt ratio is 30%. The unlevered cost of capital is 10% and the cost of debt is 5%. Find the value of the firm using the FTE method.The correct answer is $61.5M and I would like to know why