Use the following information to answer the questions

$\backslash$table$[[\backslash$table$[[$Case I: Capital structure $($no corporate$],[$tax$)]],$Case II: Capital structure $($corporate tax$)],[$Debt$-$to$-$firm value $($D$/$V$)$: $0\%,$Debt: $$0$ million$],[$Cost of equity: $10\%,$EBIT: $$40$ million$],[$Cost of debt: $8\%,$Tax rate: $50\%$