Levered, Incorporated, and Unlevered, Incorporated, are identical in every way except their capital structures. Each company expects to earn $$11\mathrm{.}3$ million before interest per year in perpetuity, with each company distributing all its earnings as dividends. Levered$$s perpetual debt has a market value of $$61$ million and costs $7$ percent per year. Levered has $1\mathrm{.}9$ million shares outstanding that sell for $$77$ per share. Unlevered has no debt and $3\mathrm{.}6$ million shares outstanding, currently worth $$60$ per share. Neither firm pays taxes. What is the value of each company's equity?