You are an entrepreneur starting a biolechnology firm. If your research is successful, the lechnology can be sold for \$35 millon. If your research is unsuctessful, if will bo worth nothing. To fund your. research, you need to raise $3.5 millon. Investors are wiling to provide you with $3.5 milion in infial capital in exchange for 50% of the urlevered equity in the fem a. What is the total market value of the firm without leverage? b. Suppose you borrow 50.5 million. According to MM, what fraction of the firm's equity will you need to sel to rase the additonal 530 million you need? c. What is the value of your share of the firmis equity in casos (a) and (b)? a. What is the lotal manest value of the firm without leverage? The manet value is t milton. (Round to one decimai place)