A firm with no debt has 400,000 shares outstanding valued at $40 each. Its cost of equity is 12%. The firm is considering adding $1 million in debt to its capital structure. The coupon rate would be 8% and the bonds would sell for par value. The firm's tax rate is 21%. How much will the firm be worth after adding the debt? Hint: Look at lecture notes A) 16,000,000 B) 16.340,000 C) 16.210,000 D) $4000,000 E) 6,210,000 A B c. D E