MC algo 16-23 Firm Value Kline Construction is an all-equity firm that has projected perpetual EBIT of $324,000. The current cost of equity is 12.4 percent and the tax rate is 34 percent. The company is in the process of issuing $940,000 worth of perpetual bonds with an annual coupon rate of 6.6 percent at par What is the value of the levered firm? Multiple $1,980,123 $2,044.116 $1.552,065 $1,916,129 S1,724.516