25. Barclay Corp is operating in a country K where the corporate tax is 35%, personal income tax on bond investment is 25% while the personal tax on stock is 29%. Assume the earnings before interest and taxes is $12 million and cost of equity with no debt is 10% (a) If Barclay current has $5 million total market value of debt financing, what would be the market value of the company of Barclay Corp in this country K ? (2 points)