Capital Structure Analysis Petit Printing Company (PPC) has a total market value of 5100 million, consisting of 1 million shares selling for $50 per share and $50 million of 10% perpetual bonds now seiling at pan. The company's EBIT is $11.92 million, and its tax rate is 15% Petit can change its capital structure by either increasing its debt to 55% (based on market values) or decreasing it to 45% If it decides to increase its use of leverage, it must call its old bonds and isso new ones with an 11% coupon. If it decides to decrease its leverage, it will call its old bonds and replace them with new coupon bonds. The company will sell or repurchase stock at the new equilibrium price to complete the capital structure change PPC expects to growth in its EBIT, 10 g la zero. Its current cost of equity, is, is 14% If it increases leverage, re will be 16%. If it decreases leverage, will be 13%. What is the firm's WACC and total corporate value under each capital structure? Do not round intermediate calculations. Enter your monetary answers in milions. For example, an answer of $1.234 million should be entered as 1.234, not 1,234,000. Round your answers to three decimal places, 50% debt 55% debt 45% debt WACC 96 % 96 Total corporate value $ million $ million $