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show solution pls not excel Colt Systems had Ni in the year just ended of 35 million. It spent $3 million on total capital expenditures

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Colt Systems had Ni in the year just ended of 35 million. It spent $3 million on total capital expenditures and increases in net working capital and had 37 million in depreciation expenses. Colt is currently an all equity firm with a corporate tax rate of 35 and a cost of capital of 100 a (4 points) if Colt could borrow under 18 interest rate how much colt could have borrowed to maximize value of the interest tax Shield? b.(Sports) Find debit to value ratio of Colt borrows the amount you found in a) Assume that Colt is expected to grow at 36 annually perpetually

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