Letang Corporation expects an EBIT of $21, 250 every year forever. The company currently has no debt, and its cost of equity is 14 percent. The company can borrow at 8 percent and the corporate tax rate is 40. Requirement 1: What is the current value of the company? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Value of the firm $ 91071.43 Requirement 2: What will the value of the firm be if the company takes on debt equal to 50 percent of its unleveredvalue? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Value of the firm $ 109285.72 What will the value of the firm be if the company takes on debt equal to 100 percent of its unleveredvalue? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Value of the firm $ 127500.002 Requirement 3: What will the value of the firm be if the company takes on debt equal to 50 percent of its levered value?(Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Value of the firm $_______What will the value of the firm be if the company takes on debt equal to 100 percent of its levered value?(Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Value of the firm $_______