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Please help and show how you got solutions. Can also use excel, just please explain!!!! 2. Linkin Park Corporation expects its EBIT to be $1,705,000

Please help and show how you got solutions. Can also use excel, just please explain!!!!image text in transcribed

2. Linkin Park Corporation expects its EBIT to be $1,705,000 every year forever. The firm can borrow at 14% and its cost of equity is 25%. Its debt-to-equity ratio is 1 . If the tax rate is 35% : (a) What is the company's WACC? (b) What is value 1 of the firm

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