Mando Ltd will generate pre-tax earnings of $7 million per year in perpetuity and assume the unlevered cost of capital is 8.0%. In addition, Mando Ltd has $65 million in permanent debt outstanding. The firm will pay interest only on this debt. Mando Ltd's effective tax rate is expected to be 30.0% for the foreseeable future. A. What would be the value of Mando Ltd if it were all-equity financed? (1 mark) The value of Shining light Ltd is $ million. (Round to 2 decimal places) B. Suppose Mando Ltd pays interest of 9.0% per year on its debt. What is its annual interest tax shield? (1 mark) The annual tax shield is $ million. (Round to 2 decimal places.) C. What is the present value of the interest tax shield, assuming its risk is the same as the loan? (1 mark) The present value of the interest tax shield is $ million. (Round to 2 decimal places.)