Bravos currenty has a share price of $30 and 20 million shares outstanding. The firm eurrently has $120 million in outstanding debt and no excess cash. The firm is planning on conducting a levered recapitalization. As part of this transaction, the firm plans on issuing an additional $200 milion of debt in the form of a perpetual bond to Dav its sharehoiders dividend (fe. the fur $200 million will be paid out to shareholders). The cost of debt on the perpetual bond will be 5.5%. Bravos has an unlevered cost of capital of 12% and a. marginal corporate tax rate of 20%. Using the APV method, calculate the share price of Brovos after it pays its shareholders the dividend. Select one. 1.520 if. 532 iit. $30 IV. $22