Big Red Trucking $($BRT$)$ currently provides trucking and storage services to an upper$-$midwest clientele. BRT is considering an expansion of its geographic coverage into the northeastern US markets. Exploring opportunities other than building entirely new facilities, BRT has identified a privately held acquisition target, Northeastern Transportation. Northeastern$$s business is identical to BRT$$s$.$ Therefore, BRT plans to value Northeastern$$s cash flows using its own WACC.

Currently, BRT has a $$260$ million commercial bank loan at $9\mathrm{.}70\%.$ BRT has $20$ million shares of common stock outstanding with a current price of $$37\mathrm{.}00$ per share. The beta for BRT$$s stock is estimated to be $1\mathrm{.}82.$ BRT is in the $35\%$ tax bracket.

The risk$-$free rate is $6\mathrm{.}35\%$ and the market risk premium is $5\mathrm{.}00\%.$ Answer the first eight questions using this information. A$)$ What is the book value of BRT equity. B$)$ What is the market value BRIT debt C$)$ what is BRT enterprise value D$)$ What perventage of BRT enterprise value is attributed to debt E$)$ What percentage of BRT enterprise value is attributed to equity F$)$ What is BRT$\text{'}$s after tax cost of debt G$)$ What is the rate required by BRT$\text{'}$s equity holders H$)$ What is BRT$\text{'}$s WACC