Beckman engineering and associates BEA is considering a change in its structure BEA currently has $$20$ million in debt carrying a rate of $8\%$ and it's stock price is $$40$ per share with $2$ million shares outstanding BEA is a zero growth firm and pays out all of its earnings as dividends the firms EBIT is $15\mathrm{.}163$ million $ and it faces a $35\%$ federal plus state tax rate the market risk premium is $6\%$ and the risk free rate is $7\%$ BEA is considering increasing its debt level to a capital structure with $45\%$ debt based on market values and re$-$purchasing shares with the extra money that it borrows BEA will have to retire the old debt in order to issue new debt and the new rate on the new debt will be $13\%$ BEA has a beta of $1\mathrm{.}0.$ What is BEA unlevered beta use market value divided by S when unring? What are BEA's new beta and cost of equity if it has $45\%$ debt? What are BEA's weighted average cost of capital and total value of the firm with $45\%$ Debt?