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FVQ is currently an all equity firm that has 3,000 shares of stock outstanding with a market price of $18 a share. The tax rate

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FVQ is currently an all equity firm that has 3,000 shares of stock outstanding with a market price of $18 a share. The tax rate is 40 percent. The firm is considering adding $35,000 of debt to its capital structure. The debt will be sold at par value. What is the levered value of the equity? Select one: O a $41,000 b. $68,000 C. $14,000 d. $33,000 e. $54,000

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