Imagine a firm with the first year FCF of $50M and you expect the FCFs to stay the same over time. The capital structure of this firm is as follows: Debt represents 30% of the total capital and the cost of debt is 6.50%. Equity represents 70% of the total capital and the cost of equity is 12.50%. If the levered firm value (VL) is $500M, what is the corporate tax rate? )