Adjusted Present Value Schwarzentraub Industries' expected free cash flow for the year is $400,000; in the future, free cash flow is expected to grow at a rate of 9%. The company currently has no debt, and its cost of equity is 13%. Its tax rate is 40%. Find V_U. Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1, 200,000. $ _______ million Find V_L if Schwarzentraub uses $3 million in debt with a cost of 9%. Use the APV model that allows for growth. Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1, 200,000. $ _______ million Find r_SL. r_SL = _______ % Based on V_U from part a, find V_L using the MM model (with taxes) if Schwarzentraub uses $3 million in 9% debt. Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1, 200,000. $ _______ million Find r_SL. r_SL = _______ % Explain the difference between your answers to parts b and c. The input in the box below will not be graded, but may be reviewed and considered by your instructor. _______