A travel company has an EBIT of $$15$M$,$ a corporate tax rate $($Tc$)$ equal to $30\%,$ and the following capital structure: Debt $=15$ million; equity $=?$ million; Kd $=10\%$; KsU $=15\%.$

What should the value of the firm equal if M&M $58($without taxes$)$ theory is correct? What does KsL equal? What should the value of a firm equal if M&M $63($with taxes$)$ theory is correct? Given taxes, what does the WACC equal? What should the value of the firm equal if the Miller $77$ theory is correct $($assume that Tpd$=20\%$; Tps$=28\%$; Tc$=30\%)?$