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Galt Industries is expected to generate free cash flows of $24 million per year. Galt has permanent debt of $80 million, a corporate tax rate

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Galt Industries is expected to generate free cash flows of $24 million per year. Galt has permanent debt of $80 million, a corporate tax rate of 21%, and an unlevered cost of capital of 12% and its cost of debt capital is 6%. 8. What is Galt's free cash flow to equity (FCFE)? 9. What is Galt's Cost of Equity? 10. If the Debt-Equity ratio Goes up by 1% what is the percentage change in Cost of Equity capital

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