Bianca's Barbershops Limited (BBL) is an all-equity firm with an EBIT of $950,000. EBIT is expected to remain at this level forever. The firm pays all its earnings as dividends to shareholders (ie., no growth), has a corporate tax rate of 40%, an un-levered beta of 1.24 , and 845,000 common shares issued and outstanding. In the market, you observe that Government of Canada T-bills are being sold to yield 1% and the S\&P/TSX Composite index is expected to yield 9.5\%. Assuming a world of taxes and a cost for the risk of default, a) Calculate the value of the firm. ( 2 marks) b) Calculate the WACC for the firm. (1 mark) c) What is the value (price) of a share in the company and what is the EPS? (2 marks)