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Lazare Corporation expects an EBIT of $19,750 every year forever. Lazare currently has no debt, and its cost of equity is 15%. The firm can

Lazare Corporation expects an EBIT of $19,750 every year forever. Lazare currently has no debt, and its cost of equity is 15%. The firm can borrow at 10% (Do not round Intermediate calculations. Round the final answers to 2 decimal places. Omit sign in your response.) a. If the corporate tax rate is 35%, what is the value of the firm? Value of the firm b. What will the value be if the company converts to 50% debt? Value of the firm $ c. What will the value be if the company converts to 100% debt? Value of the firm

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