A firm currently is an all-equity firm with a market value of $30,000,000. The firm is contemplating selling $15,000,000 in bonds and using the proceeds to repurchase equity. The bonds promise an 8% interest payment at the end of each year. The bonds are structured so that the firm will pay exactly $5,000,000 of the principal back at the end of each of the second year, fourth year, and sixth year, and thus the bonds will be fully retired at the end of the sixth year. The corporate tax rate is 40% and there are no personal taxes. What will the market value of the firm be the moment after this deal is announced?