answer A,BC correctly and i will leave a quick like. The answer's for C are incorrect so use the numbers on the top to solve for it.

Colt Systems will have Eert this coming year of $21 million. It will also spend $9 million on total capital expenditures and increases in net working capital, and have $3.82 milion in depreciaton expenses. Coit is currently an all-equily firm with a corporate tax rate of 21% and a cost of capital of 11%. a. If Colt's free cash flows are expected to grow by 7.6% per year, what is the market value of its equily today? b. If the interest rate on its debt is 9%, how much can Colt borrow now and still have non-negative net income this coming year? c. Is there a tax incentive today for Colt to choose a debi-to-value ratio that exceeds 50\%? Explain. c. Is there a tax incentive today for Colt to choose a debt-to-value ratio that exceeds 50% ? Explain. Colt's interest deduction is maximized at a debt-to-value ratio of \%. (Round to one decimal place.) Therefore. The most they should borrow is $ milion. interest tax shield from borrowing more