A company has an EBIT of $4,060 in perpetuity. The unlevered cost of capital is 15.02%, and there are 22,790 common shares outstanding. The company is considering issuing $8,910 in new bonds at par to add financial leverage. The proceeds of the debt issue will be used to repurchase equity. The YTM of the new debt is 10.14% and the tax rate is 29%. What is the value of the firm before the restructuring? $18,232 $18,712 $19,192 $19,672 $20,151 Calculate the number of rights to buy one share, given the following information: each right's intrinsic value of $2.48; discounted or subscription share price of $7.45; share price during the rights-on period of $31.70. 8.34 8.56 8.78 9.00 09.22