Bassett Fruit Farm expects its EBIT to be $325,000 a year forever. Currently, the firm has no debt. The cost of equity is 16.3 percent and the tax rate is 35 percent. The company is in the process of issuing $2 million worth of bonds at par that carry an annual coupon of 6.5 percent. What is the unlevered value of the firm? Multiple Choice $1,166,411 $1.296,012 $1.718,013 $1.996,012 $1,440,014