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Kine Construction is an all-equity firm that has prejected perpetual EBiT of 5344,000 . The current cost of equity is 12.9 percent and the tax

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Kine Construction is an all-equity firm that has prejected perpetual EBiT of 5344,000 . The current cost of equity is 12.9 percent and the tax rate is 21 percent. The compary is in the process of issuing $960,000 worth of perpetual bonds wath an anouol coupon rate of 6.3 percent at par. What is the value of the levered firm? Muitiple choice $2.308267. $2020970 51,955,566 $1,504000 52+0666

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