b) Companies A and B are identical in every respect expect that A Limited is unlevered while B Limited has 5%, Kshs. 10 million debentures outstanding in its capital. The earnings before interest and tax both companies are 2 million. The earnings are expected to remain constant indefinitely. The cost of equity for company A is 10% and the corporate tax rate is 30%. Required: i) Determine the value MM would estimate for each firm. (4 marks) ii) Determine the cost of equity each firm. (4 marks) iii) The overall cost of capital for both firms, ( 4 marks)