Edwards Construction currently has debt outstanding with a market value of $$104,000$

and a cost of $12$ percent. The company has EBIT of $$12,480$ that is expected to continue

in perpetuity. Assume there are no taxes.

a$-1.$ What is the value of the company's equity? $($Do not round intermediate calculations.

Leave no cell blank $-$ be certain to enter $"$O$"$ wherever required.$)$

a$-$ What is the debt$-$to$-$value ratio? $($Do not round intermediate calculations and round

your answer to the nearest whole number, e$.$g$.,32.)$

b$.$ What are the equity value and debt$-$to$-$value ratio if the company's growth rate is $6$

percent? $($Do not round intermediate calculations and round your "Debt$-$to$-$

value" answer to $3$ decimal places, e$.$g$.,32\mathrm{.}161.)$

c$.$ What are the equity value and debt$-$to$-$value ratio if the company's growth rate is $10$

percent? $($Do not round intermediate calculations and round your "Debt$-$to$-$

value" answer to $3$ decimal places, e$.$g$.,32\mathrm{.}161.)$