Linkcomn expects an Eamings before Taxes of 750000$ every year. The firm currently has 100% Equity and cost of raising equity is 12%. If the company can borrow debt with an interest of 10%. What will be the value of the

company if the company takes on a debt equal to 60% of its levered value? What will be the value of the company if the company takes on a debt equal to 40% of its levered value? Assume the company's tax rate is 40% (Must

show the steps of calculation)