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Suppose the corporate tax rate for Company Ais 3a%. Consider a firm that eams 51481 before intorest and taxns each year with no riak. The

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Suppose the corporate tax rate for Company Ais 3a\%. Consider a firm that eams 51481 before intorest and taxns each year with no riak. The ferris capital expenditures equal its depreciation expenses each year, and it will have no changes to its net woking capital. The risk.free intereat rate is 3.64%. Suppose the firm makes interest paymants of $466 per yoar. What is the value of debt? NOTE: Submit your answers with 4 decimals after the dot. Do not include the " $ " sign

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