QUESTIONS 1. According to the information for two firms (levered and unlevered firms) given below, compute the value of the levered firm including the values of the tax-shield benefits of the debt and bankruptcy-agency costs. Assuming zero growth and 100% dividend payout, permanent debt, so treated as a perpetuity. (30p) NOTE: PLEASE SHOW HOW YOU COMPUTE EACH OF THE ITEMS. . $50.000 $40.000 : . 10% . Debt amount for levered firm NOI for each firm Interest rate for the debt Stock market return Tax rate for each firm Treasury bill rate Present value for bankruptey-agency cost Beta (B) coefficient for unlevered firm 12% 20% : . 5% $38.000 0.9