Check My Work eBook MM Model with Corporate Taxes Walkrun Inc. is unlevered and has a value of $800 billion. An otherwise identical but levered firm finances 35% of its capital structure with debt at a 7% interest rate. No growth is expected. Assume the corporate tax rate is 25%. Use the MM model with corporate taxes to determine the value of the levered firm. Enter your answer in billions. For example, an answer of $1 billion should be entered as 1, not 1,000,000,000. Round your answer to the nearest whole number. billion $ a o RI E e hp