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Edwards Construction currently has debt outstanding with a market value of $75,000. The company has a WACC of 10 percent. Tax rate is 20%. The

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Edwards Construction currently has debt outstanding with a market value of $75,000. The company has a WACC of 10 percent. Tax rate is 20%. The company just released its EBIT of $8,750 for the preceding financial year (t=0). What is the debt-to-value ratio if the company's growth rate is 7 percent? A. 0.21 B. 0.3 C. 0.7 D. 0.23

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