Here is some information about Stokenchurch Incorporated: Beta of common stock =1.5 Treasury bill rate =4% Market risk premium =7.8% Yield to maturity on long-term debt =7% Book value of equity =$470 million Market value of equity =$940 million Long-term debt outstanding =$940 million Corporate tax rate =21% What is the company's WACC? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. You need to estimate the value of Laputa Aviation. You have the following forecasts (in millions of dollars) of its profits and of its futu investments in new plant and working capital: From year 5 onward, EBITDA, depreciation, and investment are expected to remain unchanged at year-4 levels. Laputa is financed 60% by equity and 40% by debt. Its cost of equity is 11%, its debt yields 7%, and it pays corporate tax at 30%. a. Estimate the company's total value. Note: Do not round intermediate calculations. Enter your answer in millions rounded to the nearest whole amount. b. What is the value of Laputa's equity? Note: Do not round intermediate calculations. Enter your answer in millions rounded to the nearest whole amount