15) Stand Still Co. has been earning $1 per share on 400,000 shares and paying all earnings out. The cost of capital for a company of this risk is 10%. The company has an investment opportunity that costs $1,500,000 and will earn $230,000 after taxes per year. The company must reinvest 35% of these earnings to continue the expansion. What is the value of the company without the investment and with the investment