Consider a project of the Cornell Haul Moving Company, the timing and size of the incremental after-tax cash flows (for an all- equity firm) are shown below in millions: 0 1 2 3 4 -S990 +$125 +$225 +$375 +$500 The firm's tax rate is 34 percent; the firm's bonds trade with a yield to maturity of 8 percent; the current and target debt-equity ratio is 3; if the firm were financed entirely with equity, the required return would be 10 percent. Using the flow to equity methodology, what is the value of the equity claim? Multiple Choice -$1,540.000 $446,570,866.00 $36,580,767.55 $30,716,236.13 Consider a project of the Cornell Haul Moving Company, the timing and size of the incremental after-tax cash flows (for an all- equity firm) are shown below in millions: 0 1 2 3 4 -S990 +$125 +$225 +$375 +$500 The firm's tax rate is 34 percent; the firm's bonds trade with a yield to maturity of 8 percent; the current and target debt-equity ratio is 3; if the firm were financed entirely with equity, the required return would be 10 percent. Using the flow to equity methodology, what is the value of the equity claim? Multiple Choice -$1,540.000 $446,570,866.00 $36,580,767.55 $30,716,236.13