[Q: 167253460] Tax Shield of Debt. Consider an all-equity firm that expects to earn an EBIT of $220,000 each year, in perpetuity. The firm has a cost of unlevered equity of 15.8% and faces a corporate tax rate of 21%. If the firm issues $44,000 in perpetual debt at a pre-tax cost of debt of 12.5% percent, what is the change in the firm's value? Assume corporate taxes are the market's only imperfection. A. 9,440.00 B. 9,540.00 C. 9,140.00 D. 9,640.00 E. 9,240.00