Question: Note: 1. Since there is no beginning balance sheet for sols [i.e., no 2x015 ending balance sheet). you need to calcutate the interest rate based


Note: 1. Since there is no beginning balance sheet for sols [i.e., no 2x015 ending balance sheet). you need to calcutate the interest rate based on the sole interest expense relative to the ending 2o1s interest-bearing debt. 2. You must use the direct method of calculating the value of the equity since no WAGE is given. If you tryto use the sequential rnethod or traditional method for enterprise value to verify your solution. you 1.IviII get a different answer. Brownie points if you can explain \"why' there will be a different answer in calculating the enterprise value after determining the value of the equity and then calculating the WAGS for enterprise value. 3. More brownie points: Why is the value of the equity today greater than the terminal value at the end of 2018
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