Use the below information to value the debt in a levered company with annual perpetual cash flows from assets that grow. The next cash flow will be generated in one year from now. Data on a Levered Firm with Perpetual Cash Flows Value Item full name Item abbreviation $10.6 Firm free cash flow (or Cash Flow from Assets) FFCF (millions) g 2% pa Growth rate of OFCF | 3% pa Cost of debt TEL 7% pa Cost of levered equity D/VL 40% pa Debt to assets ratio, where the asset value includes tax shields tc 30% Corporate tax rate The current value of debt is a. 348.68 b. 139.47 c. 145.63 d. 124.71 e. 187.06