Tempest Corporation expects an EBIT of $$39,000$ every year forever. The company

currently has no debt, and its cost of equity is $14$ percent. The tax rate is $24$ percent.

a$.$ What is the current value of the company? $($Do not round intermediate

calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$-1.$ Suppose the company can borrow at $10$ percent. What will the value of the firm be

if the company takes on debt equal to $50$ percent of its unlevered value? $($Do not

round intermediate calculations and round your answer to $2$ decimal places,

e$.$g$.,32\mathrm{.}16.)$

b$-2.$ Suppose the company can borrow at $10$ percent. What will the value of the firm be

if the company takes on debt equal to $100$ percent of its unlevered value? $($Do not

round intermediate calculations and round your answer to $2$ decimal places,

e$.$g$.,32\mathrm{.}16.)$

c$-1.$ What will the value of the firm be if the company takes on debt equal to $50$ percent

of its levered value? $($Do not round intermediate calculations and round your

answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

c$-2.$ What will the value of the firm be if the company takes on debt equal to $100$

percent of its levered value? $($Do not round intermediate calculations and round

your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$