Edwards Construction currently has debt outstanding with a market value of $450,000 and a cost of 8 percent. The company has an EBIT of $36,000 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? b.Assume that the company's growth rate is 3 percent. What is the value of the companys equity and the debt-to-value ratio now? c.Assume that the company's growth rate is 5 percent. What is the value of the companys equity and the debt-to-value ratio now?