Did you mean: DISCARD MANUFACTURING HAS AN EXPECTED EBIT OF $17500 IN PERPETUITY, A TAX RATE OF 35 PERCENT, AND A DEBT-EQUITY RATIO OF 0.75. THE FIRM HAS $54166.67 IN OUTSTANDING DEBT AT AN INTEREST OF 9.5 PERCENT, AND IT'S WACC IS 9 PERCENT. WHAT IS THE VALUE OF THE FIRM ACCORDING TO M&M PROPOSITION 1 WITH TAX? SHOULD DISCARD CHANGE ITS DEBT-EQUITY RATIO OF THE GOAL IS TO MAXIMIZE THE VALUE OF THE FIRM