Reacher Technology's EBIT was $40 million last year and is not expected to grow (g=0) and pays out 100% of earnings as dividends annually. The firm is currently financed with all equity and it has 10 million shares outstanding and is considering recaptizing its equity with debt where new debt would be issued and proceeds used to buyback stock. Show the firm's market value of operations, MV of debt, MV of equity, shares outstanding, and stock price for each level of debt the firm is considering.
									EBIT=	$ 40.00	FCF=
								Debt/Value	WACC	MV	MV of Debt	MV of Equity	#Shares	Stock
														Price
								0%					10
10%
20%
30%
40%
50%
60%
70%