Kline Construction is an all-equity firm that has projected perpetual EBIT of $376,000. The current cost of equity is 13.7 percent and the tax rate is 40 percent. The company IS In the process of issuing $992,000 worth of perpetual bonds with an annual coupon rate of 5.5 percent at par. What is the value of the levered firm? Multiple Choice $1,829,684 $1,646.715 $1,936,600 $1,482,044 $2,043,515