Modigliani and Miller's world of taxes. Roxy Broadcasting was originally an all-equity firm with a before-tax value of $25,000,000. Roxy now pays taxes at a 40% rate. What is the value of Roxy under the 20/80 debt-to-equity capital structure? Under the 80/20 capital structure? What is the value of Roxy under the 20/80 debt-to-equity capital structure? (Round to the nearest dollar)