Edwards Construction currently has debt outstanding with a market value of $350,000 and a cost of 8 percent. The company has an EBIT of $28,000 that is expected to continue in perpetuity. Assume there are no taxes. a. What is the value of the companys equity and the debt-to-value ratio? (Do not round intermediate calculations. Round your equity value to 2 decimal places (e.g., 32.16), and round your debt-to-value answer to 3 decimal places (e.g., 32.161).) Equity value $ Debt-to-value b. Assume that the company's growth rate is 2 percent. What is the value of the companys equity and the debt-to-value ratio now? (Do not round intermediate calculations. Round your equity value to 2 decimal places (e.g., 32.16), and round your debt-to-value answer to 3 decimal places (e.g., 32.161).) Equity value $ Debt-to-value c. Assume that the company's growth rate is 4 percent. What is the value of the companys equity and the debt-to-value ratio now? (Do not round intermediate calculations. Round your equity value to 2 decimal places (e.g., 32.16), and round your debt-to-value answer to 3 decimal places (e.g., 32.161).) Equity value $ Debt-to-value