Question 31 (1 point) Assume a firm is operating in a capital market without friction, no default risk and no taxes. This fortunate firm will generate a one-time cash flow of $20,000 in one year. (That is the only cash flow in the life of the company.) The firm has $500,000 in debt and a debt to equity ratio of 1. If the firm's unlevered cost of capital is 10%, what is the value of the firm? $19,827 $20,000 $18,182 $22,000 None of the above