You are trying to value a firm that has reported an EBIT of S2M in its most recent year. Further, you see that the firm has $2M in excess cash, and 56M in debt. What is the value of the firm's equity if comparable firms have an enterprise value (EVJEBIT of 117 518 M $14M $22M $24M QUESTION 11 Suppose the cost of assets for the drug store industry is 10%. What is the cost of equity capital for Walgreens if it's DN ratio is 3 and their cost of debt is 392 (Assume Walgreens plans to maintain this DN ratio.) m 10 1196 B 13% 12%