Edwards Construction currently has debt outstanding with a market value of $90,000 and a cost of 11 percent. The company has EBIT of $9,900 that is expected to continue in perpetuity. Assume there are no taxes. 1)What is the value of the company's equity? 1-a)What is the debt-to-value ratio? 2)What are the equity value and debt-to-value ratio if the company's growth rate is 2 percent? 3What are the equity value and debt-to-value ratio if the company's growth rate is 6 percent?