'our company operates a steel plant. On average, revenues from the plant are $50 mil Issociated with powering the plant which represent one quarter of the plant's costs, or isk premium is 5%. The tax rate is 40%, and there are no other costs. . Estimate the value of the plant today assuming no growth. . Suppose you enter a long-term contract which will supply all of the plant's energy nee How would taking the contract in (b) change the plant's cost of capital? Explain. Estimate the value of the plant today assuming no growth. he value of the plant today assuming no growth is $ million. (Round to two decimal pla 'our company operates a steel plant. On average, revenues from the plant are $50 mil Issociated with powering the plant which represent one quarter of the plant's costs, or isk premium is 5%. The tax rate is 40%, and there are no other costs. . Estimate the value of the plant today assuming no growth. . Suppose you enter a long-term contract which will supply all of the plant's energy nee How would taking the contract in (b) change the plant's cost of capital? Explain. Estimate the value of the plant today assuming no growth. he value of the plant today assuming no growth is $ million. (Round to two decimal pla