Edwards Construction currently has debt outstanding with a market value of $$98,000$ and a cost of $10$ percent. The company has EBIT of $$9,800$ that is expected to continue in perpetuity. Assume there are no taxes.

a$-1.$ What is the value of the company's equity?

Note: Do not round intermediate calculations. Leave no cell blank $-$ be certain to enter $"0"$ wherever required.

a$-2.$ What is the debt$-$to$-$value ratio?

Note: Do not round intermediate calculations and round your answer to the nearest whole number, e$.$g$.,32.$

b$.$ What are the equity value and debt$-$to$-$value ratio if the company's growth rate is $4$ percent?

Note: Do not round intermediate calculations and round your "Debt$-$to$-$value" answer to $3$ decimal places, e$.$g$.,32\mathrm{.}161.$

c$.$ What are the equity value and debt$-$to$-$value ratio if the company's growth rate is $8$ percent?

Note: Do not round intermediate calculations and round your "Debt$-$to$-$value" answer to $3$ decimal places, e$.$g$.,32\mathrm{.}161.$