Use the below information to value the debt in a levered company with annual perpetual cash flows from assets that grow. The next cash flow will be generated in one year from now. Data on a Levered Firm with Perpetual Cash Flows Item Value Item full name abbreviation FFCF (millions) $5.6 Firm free cash flow (or Cash Flow from Assets) Growth rate of OFCF g 2% pa D 4% pa Cost of debt TEL D/VL 8% pa Cost of levered equity 70% pa Debt to assets ratio, where the asset value includes tax shields to 30% Corporate tax rate The current value of debt is O a. 52.50 O b. 144.63 O c. 122.50 Od. 166.10 O e. 237.29