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Hunter Corporation expects an EBIT of $53,000 every year forever. The company currently has no debt and its cost of equity is 15 percent. The

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Hunter Corporation expects an EBIT of $53,000 every year forever. The company currently has no debt and its cost of equity is 15 percent. The corporate tax rate is 21 percent a. What is the current value of the company? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b-1. Suppose the company can borrow at 12 percent. What will the value of the company be if takes on debt equal to 50 percent of its unlevered value? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) b-2. Suppose the company can borrow at 12 percent. What will the value of the company be if takes on debt equal to 100 percent of its unlevered value? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) c1. What will the value of the company be if takes on debt equal to 50 percent of its levered value? (Do not round Intermediate calculations and round your answer to 2 decimal places, e... 32.16.) c-2. What will the value of the company be if takes on debt equal to 100 percent of its levered value? (Do not round Intermediate calculations and round your answer to 2 decimal places, e... 32.16.) Answer is complete but not entirely correct. $ $ 279,133 33 308,442 33 Current value Value of the company Value of the company Value of the companys 348 916 67 311.880.82

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