An unlevered company with a cost of equity of $17\%$ generates $$3$ million in earnings before interest and taxes $($EBIT$)$ each year. The decides to alter its capital structure to include debt by adding $$5$ million in debt with a pre$-$tax cost of $6\%$ to its capital structure and using the proceeds to reduce equity by a like amount as to keep total invested capital unchanged. The firm pays a tax rate of $38\%.$

Assuming that the company's EBIT stream can be earned into perpetuity and that the debt can be perpetually issued $($or rolled$),$ what is the value of the firm?