You are interested in purchasing a business. Current owner of the business is asking $750,000. You estimated that you can borrow a 15-year term loan at 5% interest. You expect 18% return from this project. Current owner opened up the books and you estimated future cash flows. You also estimated that you would be able to sell the business for about $1,100,000 at the end of year 10. Year EBITDA 75,000 2 78,000 1 3 81,000 4 84,000 5 87,000 6 92,000 7 97,000 8 102,000 9 107,000 10 112,000 In order to buy the business for $750,000, you borrowed $450,000 and used your own equity for the rest. What is the weight of equity in this capital structure? Select one: a. 60% b. 30% C. 50% d. 40%