19. UNLEV has an expected perpetual EBIT = $4,000. The unlevered cost of capital = 15% and there are 20,000 shares of stock outstanding. The rm is considering issuing $8,800 in new par value bonds to add financial leverage to the rm. The proceeds of the debt will be used to repurchase equity. The cost of debt = 10%. If there are no taxes, what is the value of UNLEV before the restructuring? A. $15,930 B. $17,600 V6 2 2 2 26,667 C. $18,519 I) 0-15 D. $26,667 E. $30,000