A levered company has a face value of debt of $85,000 with a coupon rate of 6.5 percent that sells at par. An unlevered company with the same operation has a cost of capital of 17 percent and earnings before interest and taxes of $350,080. The applicable tax rate is 23 percent. What is the value of the levered company? 2,364,1231,639,1241,586,9271,264,123 Question 13 2 pts Jenkin's Inc. was unable to meet its creditors. The court has asked it for legal proceedings to restructure itself so that it could continue as a viable business. The process this company underwent is known as a: liquidation merger reorganization repurchase