A retailer has operating lease commitments of 100 million per year for the next 5 years. It has a weighted average cost of capital of 10%, a cost of equity of 15%, a pre-tax cost of debt of 6% and a tax rate of 20%. a. What is the debt value of its operating leases? (3 marks) b. What will be the impact on its EBITDA and Interest expense next year if the operating leases are capitalised? (2 marks)