This statement pertains to the following 2 questions Kurz Manufacturing expects a cash flow of $6 million each year in perpetuity. Kurz has outstanding debt of $24 million and expects to maintain this level of debt permanently. The cost of debt is 7% and the unlevered cost of equity is 12%. Corporate taxes is the only market imperfection. Kurz's corporate tax rate is 30%. Question 12 (1 point) The value of Kurz's assets (with leverage) is closest to: $50.0 M $52.9 M $57.2 M $59.4 M. Question 13 (1 point) The interest tax shield (ITS) per year is closest to: $0.02 M $1.68 M $0.50 M $1.21 M