QUESTION 7 After a hard night of study, you awaken(?) to find that someone has spilled quite a bit of beer on your textbook, and more importantly, you are now in Modigliani-Miller land. Assume the corporate tax rate is 30%. All other MM assumptions hold true. EBIT for Generic Industries is expected to be $2000 per year, perpetually. The firm has no debt in its capital structure. Its cost of equity is 10%. What would the value of the firm be (debt + equity) if it issued $4000 in perpetual debt, using the proceeds to retire equity? Oa. $13600 Ob. $14400 c. $15200 d.$16000 Oe. $16800 Of. Other, specify