Please solve it fast ASAP

Question 2 You want to value EVIL Ltd., a listed company active in the advertising industry, using the DCF approach on FCFFs. EVILs corporate bonds were rated BBB at the time they were issued, with a Yield-To-Maturity (YTM) of 9%. In August 2020, BBB bonds trade at a YTM of 2%. EVIL is 1. $20.60 million. 2. $20.80 million. 3. $20.90 million. 4. $21.10 million. 5. None of these answers is correct. 2/10 currently rated BB+, and BB+ rated bonds trade at a credit spread of 2.5 %. Based on the following information, which discount rate would you use in your DCF? Keep all decimals in your intermediate calculations and round the final value.

Risk-free rate = 0.8%. Leverage (as measured by D/E) = 1.5. Unlevered beta (based on EVILs similar companies) = 0.90. Tax rate = 30%. Expected return on the market = 10%. 1. 8.29%. 2. 8.50%. 3. 8.71%. 4. 10.22%. 5. None of these answers is correct.

6. A company has a Cash Conversion Cycle (CCC) of 30 days. If the average number of days the company takes to pay back its suppliers decreases by 10, the receivables turnover increases by 20 (from 10 to 30) and Days of Inventory on Hand increases by 2, the company's new cash conversion cycle will

1. 8 days. 2. 10 days. 3. 18 days. 4. 66 days. 5. None of these answers is correct.