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kline construction is an all-equity firm that has a projected EBIT of 336,000. the current cost of equity is 12.7 percent, and the tax rate

kline construction is an all-equity firm that has a projected EBIT of 336,000. the current cost of equity is 12.7 percent, and the tax rate is 21 percent. the company is in the process of issuing 952,000 worth of perpetual bonds with an annual coupon rate of 6.5 percent at par. what is the value of the levered firm

2,090,079

1,889,157

1,452,472

2,289,999

1,793,176

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