Barclay Corp is operating in a country K where the corporate tax is 30%, personal income tax on bond investment is 25% while the personal tax on stock is 29%. Assume the firm’s earnings before interest and taxes is $2,400,000 and cost of equity with zero debt is 8%. If Barclay current has $8 million total market value of debt financing, 

What would be the market value of the company of Barclay Corp in this country K?
What is the proportion of debt (wd) and equity (ws) financing for Barclay Corp with financial leverage?