4 points Phifer Co., a pharmaceutical company has been in a rapid growth wage has been equity franced til now due to the business nature of how the development which often serie trial period. Recently Prifer Co. just finished the development and marketing of a breakthrough drug The CFO of Phir Co, is considering charging the companyia de DOO shareholder value. Current market valuation of Phifer Cols at wout $10 milion. After carului consideration, the CFO of Prilor de dere toe is million dont 10% he w the proceeds to repurchase shares Assume the debt is perpetual Corporate tax rate is 40%. There is no risk of bankruptoy What is the new value of the for? How much eft Terms of dollar amount) would shareholders benefit by the move? a. New firm value: 12mit Shareholders benefit by: Sim b. New firm value: 10mit Shareholders benefit by: Tmi c Now firm value: 10mil, Shareholders benefit by: 2mil Od.Now firm value: 12mil: Shareholders benefit by2mil