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Beta of PC Ltd

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Beta of PC Ltd. is 1.5 when the debt level (wd) is 20% You want to estimate the optimal capital structure of the company and the value of the firm The company has growth rate of 0.The expected Free Cash Flow (FCF) is 40 million Data for other market information is given below Risk-free rate 4% MRP 12%  Tax  30% Beta of the firm at 20% debt 1.50  You received the below estimates (from a bank) of cost of debt at different levels of debt in the capital structure   

weight to debt  wd 0.00% 25.00% 50.00% 75.00% 90.00%  

cost of debt   rd 0.00% 6.00% 8.00% 10.00% 20.00%  

a) Find the optimal capital structure                

b) Find the WACC and Value of operation at optimal capital structure