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Score: 0 of 1 pt 29 of 36 (7 complete) HW Score: 18.06%, 6.5 of 36 pts P 16-29 (similar to) Question Help Marpor Industries

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Score: 0 of 1 pt 29 of 36 (7 complete) HW Score: 18.06%, 6.5 of 36 pts P 16-29 (similar to) Question Help Marpor Industries has no debt and expects to generate free cash flows of $16 million each year. Marpor believes that if it permanently increases its level of debt to $2753 million, the risk of financial distress may cause it to lose some customers and receive less favourable forms from its suppliers As a result, Marpor's expected free cash flows with debt will be only $15 million per your Suppose Marpor's tax rate is 22%, the risk free rate is 5%, the expected return of the market B 14%, and the beta of Marpor's tree cash flows is 11 (with or without leverage) a. Estimato Marpor's value without loverage b. Estimate Marpor's value with the new leverage a. Estimato Marpor's value without loverage Marpor's value without loverage is $ million (Round to two decimal places) FO 07 toy Score: 0 of 1 pt 30 of 36 (7 completo) HW Score: 18.06%, 6.5 of 36 pts P 16-30 (similar to) Question Help Coll Systems will have EBIT this coming year of S19 million. It will also spend $6 million on total capital expenditures and increases in not working capital, and have $2.52 million in depreciation expenses. Colitis currently an all-equity firm with a corporate tax rate of 21% and a cost of capital of 10% a. If Coll's free cash flows are expected to grow by 73% per year, what is the market value of its equity today? b. If the interest rate on its debtis 8%, how much can Coll borrow now and still have non negative net income this coming your? c. Is there a lax incentive today for Colt to choose a debt-to-value ratio that exceeds 50%? Explain a. If Colf's tree cash flows are expected to grow by 7 3% per year what is the market value of its equity today? 1 Colt's free cash flows are expected to grow by 73% per year, the market value is $ million (Round to one decimal place)

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