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Edwards Construction currently has debt outstanding with a market value of $ 1 3 7 , 0 0 0 and a cost of 1 1

Edwards Construction currently has debt outstanding with a market value of $137,000 and a cost of 11 percent. The company has EBIT of $15,070 that is expected to continue in perpetuity. Assume there are no taxes.
a-1. What is the value of the company's equity? (Do not round intermediate calculations. Leave no cell blank - be certain to enter "0" wherever required.)
a- What is the debt-to-value ratio? (Do not round intermediate calculations and round
2. 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 6 percent? (Do not round intermediate calculations and round your "Debt-tovalue" answer to 3 decimal places, e.g.,32.161.)
c. What are the equity value and debt-to-value ratio if the company's growth rate is 10 percent? (Do not round intermediate calculations and round your "Debt-tovalue" answer to 3 decimal places, e.g.,32.161.)
\table[[a-1. Value of equity,],[a-2. Debt-to-value ratio,],[b. Equity value,],[b. Debt-to-value,],[c. Equity value,],[c. Debt-to-value,]]
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