Edwards Construction currently has debt outstanding with a market value of $$390,000$

and a cost of $7$ percent. The company has an EBIT of $$27,300$ that is expected to

continue in perpetuity. Assume there are no taxes.

What is the value of the company's equity and the debt$-$to$-$value ratio? $($Do not round

a$.$ intermediate calculations. Round your debt$-$to$-$value answer to $3$ decimal places,

e$.$g$.,32\mathrm{.}161.$ Leave no cells blank $-$ be certain to enter $"0"$ wherever required.$)$

b$.$ What is the equity value and the debt$-$to$-$value ratio if the company's growth rate is $3$

percent? $($Do not round intermediate calculations. Round your equity value to $2$

decimal places, e$.$g$.,32\mathrm{.}16,$ and round your debt$-$to$-$value answer to $3$ decimal

places, e$.$g$.,32\mathrm{.}161.)$

c$.$ What is the equity value and the debt$-$to$-$value ratio if the company's growth rate is $5$

percent? $($Do not round intermediate calculations. Round your equity value to $2$

decimal places, e$.$g$.,32\mathrm{.}16,$ and round your debt$-$to$-$value answer to $3$ decimal

places, e$.$g$.,32\mathrm{.}161.)$