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. Question 1 Not yet saved Marked out of 4.00 7 Flag question Data on a Levered Firm with Perpetual Cash Flows Item Value Item full name abbreviation FFCF $30.5 Firm free cash flow or Cash Flow from Assets) (millions! 9 2% pa Growth rate of OFCF TO 3% pa Cost of debt TEL 6% pa Cost of levered equity D/V 35% pa Debt to assets ratio, where the asset value includes tax Shields t. 30% Corporate tax rate The current value of debt is a. 1157,5 b. 405.12 c. 381.86 d. 446.63 c. 672.03