Capital Structure Anslysis Petrit Printing Company has a total marhet value of $100 million, consisting of 1 million shares selling for $50 per share and $50 million of 10% perpetual bonds now sefin at par. The company's EBIT is $13,48 milion, and ats tax rate is 15%. Pettit can change its capital structure by either incrasing its debt to 70\% (bazed on market values) decreasing it to 30%. If it decides to increase its use of leverage, it must call its old bonds and issue ney ones with a 11 be coupon, If it decides to decrease its leverage, it wil call its old bonds and replace them with new 7% coupon bonds. The compaey will sell or repurchase stock at the now equilibrium price to complete the capital structur change. The firm pays out ali earnings as dividends; hence, is stock is a zero growth stock, Its current cost of equity, in, is 14\%. If it increases leverage, is will be 16\%. It it Secreases leverage, fil will be 13\%. Present situation (S0\% det ) ) What is the lim's Whce? Round your answer to three decimal places: What is the total cocporate value? Enter your nnwwer in multions. For example, an answer of 51.2 million should be entered as 1.2, not 1,200, 000. Round your anawer to thiee decinal proces 14. nullion 20% deth: What is the ficm's WhCC? Rechd your answer to two decamal ploces. thre decimal places What is the firm's wacer klound your answer to tho decimal plects. three decmal placur