ABC Corp has 1,000,000 shares outstanding, each selling at $10, no debt, and 15% cost of equity. The firm decides to borrow $5 million in perpetual debt at 10% interest rate and use the proceeds to repurchase shares. The marginal tax rate is 40%. What is the value of the firm after the capital structure change?"

		"$5,000,000 "
		"$10,000,000 "
		"$12,000,000 "
		"$15,000,000 "