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Merrimac Brewing company's total assets equal $ 1 8 million. The book value of Mernuty is $ 6 million. Excess cash is $ 2 0

Merrimac Brewing company's total assets equal $18 million. The book value of Mernuty is $6 million. Excess cash is $200,000. The market value of Merrimac's equity is $10 million. It's Debt to Enterprise Value ratio is .5. What is the book value of Merrimac's interest- bearing debt?
$13 million
$5.25 million
$20.4 million
$15 million
$10.2 million
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